Vernicos: Innovation, Education Key to Growth for Greece

Greece is failing to adapt to new developments including innovation, education and know-how, which are vital if the country wishes to grow strong, said George Vernicos, president of the Economic and Social Council of Greece, ahead of the presentation on February 14 of the national development plan.

The largest obstacle Greece has to overcome is the constantly changing tax framework, which Vernicos says is turning away both Greeks and investors.

George Vernicos, president of the Economic and Social Council of Greece.

The national development plan, drawn up by Vernicos, is the product of 15 months of consultations with all stakeholders including political parties, social groups and citizens, and includes recommendations on ways to emerge stronger out of the crisis.

The scheme focuses on innovation, know-how, education and research, as well as synergies.

On a final note, Vernicos referred to the positive performance of the tourism sector, expressing his optimism for the year ahead and expecting a 10 percent increase in the number of foreign travelers to Greece compared to last year.

Veronicos also pointed to regional airport data according to which there is a 21 percent increase of seats, while Athens International Airport recorded a 12 percent rise compared to a year ago. He noted that at the same time more than 100,000 tourist visas will be issued in 2018 compared to 75,000 last year.