Growth

Despite Greece’s impressive exit from the crisis, the Greek economy suffers from significant legacy problems of industrial structure and the strategic orientation of its economy. The same argument can be made for Cyprus, especially after the eruption of the war in Ukraine that destabilised the country’s (over)reliance on Russian capital. Our priorities in this area will focus on issues of industrial policy and competitiveness/ productivity, including projects on Greece’s recovery plan (Greece 2.0), the strategic investments framework, productivity and capital misallocation, and problems of demography and sustainability, among others. Particular attention will be placed on Greece’s and Cyprus’s adaptation efforts under the twin transition–green and digital–with prospective projects looking at industrial energy consumption shifts and the development of digital finance in the two countries. Other aspects of economy and governance, such as labour market reforms, health and education policy will also contribute to this field.