The conference agenda included essential topics such as:

•Sustainable Economic Growth: Strategies for integrating green energy and sustainability into national and European economic policies.

•Digital Transformation and Innovation: The impact of emerging technologies on businesses and legal frameworks.

•Investment and Regulatory Frameworks: Opportunities for foreign direct investment and the legal structures needed to support economic growth.

•Labor Market Reforms: Insights into evolving labor laws and their implications for businesses and employees.

By participating in this event, the team engaged with policymakers, business leaders, and legal experts, gaining valuable insights into the intersection of economic strategy and legal compliance. This knowledge equips the firm to provide clients with forward-thinking solutions tailored to the evolving regulatory and business environment.

Attendance at the EENE Economic Conference reflects Tsamichas Law Firm’s commitment to staying at the forefront of legal and economic developments. It also demonstrates their dedication to supporting clients by delivering strategic advice that aligns with the latest trends and challenges in the global marketplace.

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We are proud to announce our participation in the CEO Initiative Forum 2024, an exceptional event that brings together thought leaders, industry pioneers, and innovators to address some of the most significant challenges and opportunities facing the global business landscape today. This year’s forum is dedicated to promoting sustainable development, fostering cross-industry collaboration, and empowering leaders to make a tangible impact.

Our involvement in this prestigious forum reflects our commitment to staying at the forefront of transformative business practices, especially in areas that align with our mission—such as energy transition, commercial innovation, and sustainable growth.

Key Focus Areas of the Forum:

1.The Future of Green Innovation and Energy Transition

As the world intensifies its shift toward sustainable energy sources, this session will explore cutting-edge innovations in green technology, renewable energy, and environmental stewardship. Attendees will gain insights into how industries are evolving to reduce carbon footprints, enhance resource efficiency, and create long-term environmental and economic sustainability. We are excited to learn about and discuss practical solutions to support a resilient energy future, a field closely aligned with our focus on energy communities and sustainable infrastructure.

2.Collaborative Leadership in a Global Economy

Today’s globalized business environment demands a new kind of leadership—one that emphasizes collaboration, cultural intelligence, and a commitment to shared goals. This session will delve into strategies for fostering cross-border partnerships and working collectively to tackle global challenges, from economic instability to climate change. Our team values the opportunity to engage with leaders who prioritize the importance of a unified approach to responsible, inclusive growth.

3.Innovation and Technology-Driven Transformation

The pace of technological advancement is reshaping how industries operate, creating both unprecedented opportunities and new challenges. This forum will offer a platform for exploring how businesses can harness the power of digital transformation, artificial intelligence, and data-driven insights to optimize operations, enhance customer experiences, and build competitive advantages. We are particularly interested in learning about the latest tools and methods for integrating innovative technologies into sustainable business practices.

Why This Forum Matters to Us:

The CEO Initiative Forum is more than just an event—it is a vital gathering where business leaders and visionaries unite to spark new ideas, address critical issues, and build a roadmap for a more prosperous and sustainable world. Our participation underscores our dedication to advancing sustainable solutions, not only in our own practice but also by supporting others who share this mission. Forums like these allow us to share knowledge, build valuable partnerships, and amplify our impact across industries and borders.

We look forward to connecting with like-minded professionals and contributing to impactful discussions that can shape the future of business and sustainability. Let’s work together to create an environment where innovation, ethics, and long-term vision drive positive change.

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As Spyros-Nikitas quotes:

“My team and I successfully presented our position paper and comprehensive proposal addressing one of the most pressing socio-economic issues in Europe—energy poverty—with the introduction of our initiative, the Framework for University-Powered Energy Communities (UPEC).

Energy poverty impacts over 41 million Europeans, severely affecting the health, well-being, and financial stability of countless households, particularly those in low-income brackets. Traditional solutions have struggled to reach those who need them most due to a lack of localized strategies, resources, and community involvement. UPEC aims to bridge these gaps by empowering communities through a collaborative model that leverages the expertise and enthusiasm of university students.”

The UPEC Framework Explained:

At its core, UPEC is an innovative approach that brings universities and communities together to tackle energy poverty through education, renewable energy integration, and community support. The UPEC framework operates on a multi-phase strategy that combines academic research, practical applications, and community-based action:

1.Community Engagement and Outreach: The foundation of UPEC lies in robust community engagement. Local authorities, universities, NGOs, and specialized energy experts form a network to identify areas most affected by energy poverty. This phase focuses on establishing trust, partnerships, and securing initial funding to launch the program effectively.

2.Student Involvement and Practical Training: UPEC harnesses the potential of university students from various disciplines—engineering, environmental science, law, economics, and social sciences. Students receive targeted training that equips them with the necessary skills to conduct energy audits, engage with residents, and develop energy-saving solutions tailored to community needs. This hands-on experience not only aids the communities but also provides students with invaluable real-world expertise that enhances their academic and professional development.

3.Energy Audits and Solution Development: Under the supervision of faculty members and industry professionals, students conduct detailed energy assessments to identify gaps and potential areas for improvement. Solutions can range from basic energy-saving measures, such as promoting energy-efficient lighting and appliances, to more advanced projects like installing solar panels or other renewable energy technologies. This phase also involves financial assessments and applications for funding to implement these solutions, drawing from EU grants, municipal support, or private investment.

4.Sustainable Community Management: Once solutions are implemented, UPEC shifts to ongoing community management to ensure sustainability. A dedicated community coordinator, supported by student volunteers, oversees the operation of energy systems, provides continued support, and holds training sessions to increase energy literacy. This ongoing management ensures the community remains resilient, adaptive, and committed to continuous improvement in energy practices.

Key Benefits and Impact of UPEC:

•Empowering Low-Income Households: UPEC aims to make energy solutions more accessible to low-income households that are often left behind by broader energy programs. By promoting local renewable energy initiatives and engaging directly with residents, the framework ensures that solutions are inclusive and equitable.

•Educational and Professional Growth: University students gain hands-on experience through their involvement in UPEC, applying theoretical knowledge in real-world scenarios. This engagement fosters a new generation of energy-conscious professionals who are skilled in implementing sustainable energy solutions.

•Community Resilience and Sustainability: The ongoing support provided by UPEC ensures that energy poverty is addressed not just as a temporary fix, but as a long-term solution. By building local expertise and promoting energy literacy, communities can manage and adapt their energy practices over time, fostering resilience and self-sufficiency.

Metrics for Success:

Our goals include achieving a 15-25% reduction in energy costs for participating households, securing partnerships with at least three local authorities within the first year, and maintaining a 70% community opt-in rate. Additionally, we aim for 100% student participation in allocated programs, with 90% successfully completing their training and academic requirements.

I am excited to see the UPEC proposal featured at the EYEN stand at COP29 Azerbaijan, where it will continue to contribute to international discussions and showcase how youth-led, university-supported initiatives can pave the way for sustainable and inclusive solutions to energy poverty.

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The conference agenda delved into the critical challenges of the Greek business landscape, identifying and exploring:

•Key Business Challenges: Insights into the structural and economic obstacles that businesses must navigate to remain competitive and resilient.

•Development Financing Tools: Discussions on the financial frameworks and tools available to support sustainable business growth and innovation.

•National Energy and Climate Plan: Presentation of Greece’s strategy for energy transition and environmental sustainability, which will play a central role in the country’s future development.

•Greek Tourism as an Economic Driver: Analysis of the tourism sector’s enduring role as a core engine of Greece’s economy and its potential for further growth and modernization.

•Major Infrastructure Projects: Overview of upcoming projects aimed at positioning Greece as a pivotal transit and logistics hub in Southeast Europe.

The conference opened with impactful remarks from high-ranking officials, including Yiannis Stournaras, Governor of the Bank of Greece; Margaritis Schinas, Vice President of the European Commission; Takis Theodorikakos, Minister of Development; and Dimitris Papastergiou, Minister of Digital Governance. The keynote speaker, Martin Bijsterbosch, Head of Mission for Greece at the European Central Bank, shared his insights on the economic landscape and growth outlook. Another highlight was the address by Theodoros Tryfon, Co-CEO of ELPEN and President of the Panhellenic Union of the Pharmaceutical Industry, who emphasized the strategic role of the Greek pharmaceutical industry in the decade ahead.

A heartfelt thank you to Naftemporiki for their exceptional organization and vision in creating this platform for critical economic dialogue. Special thanks to Michalis Psilos, Spyros Ktenas, and Fanis Zois for their efforts in assembling such a high-caliber event that fosters meaningful collaboration and strategic foresight for a productive Greece.

At Tsamichas Law Firm, we look forward to contributing to Greece’s transformative journey by supporting our clients in leveraging new growth opportunities and navigating the evolving business landscape.

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Hellenic Seaplanes is preparing new routes connecting Western Greece with the Italian Coast

Hellenic Seaplanes had the prospect of interconnecting municipalities of Greece and Italy with seaplanes and the development of tourist synergies as it attended the 1st International Scientific Conference “Greece, Greece, Italy, Italy – Common cultural antidotes and invitations in the new millennium”.

The conference was also attended by the Deputy Minister for Civil Protection, the management of the Hellenic-Italian Chamber, the leadership of Hellenic Seaplanes as well as the mayors of the three municipalities of Ilia (Andravida Kyllini, Pyrgos and Ancient Olympia) and the three coastal municipalities of Italy (Crotone, Squillace and Cira Marino). The Hellenic-Italian Chamber of Athens played a special role in the discussion, which mediated the creation of a common point of contact between Hellenic Seaplanes and the municipalities.

The content of the Greek-Italian debate

In the framework of the conference, a meeting was held to discuss the contribution of seaplanes in enhancing fast transport from/to Western Greece and Italy, as well as the possibility of creating joint tourist packages that include seaplanes as a means of transport and recreation through aerial sightseeing tours.

The meeting was attended by the Deputy Minister of Civil Protection, Mr. Nikolakopoulos, the President and CEO of Hellenic Seaplanes, Mr. Nicolas Charalambous, the Director of Development of Hellenic Seaplanes, Mr. Mr. Nikolay Pontogiannis, the Director of Hellenic Seaplanes, the Mayor of Andravida-Kyllini Mr. Lentzas Ioannis, the Mayor of Pyrgos Mr. Kanni Efstathios, the Mayor of Ancient Olympia Mr. Aris Panagiotopoulos, the President of the Greek-Italian Chamber of Commerce, Mr. Tsamichas Ioannis, the Secretary General of the Greek-Italian Chamber of Commerce, Mr. Vamvakaris Panagiotis, the Mayor of Crotona Vincenzo Voce, the Mayor of Ciro’ Marina, Andrea Aprigliano (Vice Mayor of Economic Affairs) and the Mayor of Squilace, Vincenzo Zofrea.

During the meeting, the contribution of seaplanes in enhancing fast transport to/from Western Greece and Italy was examined, as well as the possibility of creating joint tourism packages that will include seaplanes as a means of transport and recreation through aerial sightseeing tours.

Particular emphasis was placed on the Kyllini seaplane port under construction, which will be the first infrastructure to host seaplanes in the prefecture of Ilia. Work on upgrading the facilities is progressing rapidly and the procedures for final licensing will soon be completed.

Deputy Minister of State for Civil Protection, Mr. Nikolakopoulos said after the meeting: “The initiative launched today at this conference to connect Western Greece with Italy via seaplanes is a project that not only promotes regional development, but also strengthens our international relations. As a citizen from Ilia, I am particularly happy to see our region playing a central role in this initiative.”

The floor was immediately taken by Mr.Lentzas Ioannis, Mayor of Andravida-Kyllini said: “The creation of the waterport in Kyllini is an important development for our region. Our cooperation with Hellenic Seaplanes and the connection with Italy opens new paths for our local economy and tourism. We look forward to seeing the seaplanes in operation, enhancing the accessibility and development of our region.”

Statements were also made by Italy’s visiting mayors :

Mr. Vincenzo Voce, Mayor of Crotona: “The interconnection of our coastal areas with Greece through seaplanes is an important step towards strengthening our cultural and tourist links. This initiative will bring our peoples closer together and promote the development of our local economies.”

Mr. Vincenzo Zofrea, Mayor of Squilace: “The creation of this new maritime route between Italy and Greece by seaplane will boost our tourism industry and strengthen our relations with Western Greece. We are excited about the prospects for our region.”

In a related report, Mr. Ioannis Tsamichas, President of the Hellenic-Italian Chamber of Athens said: “This initiative to connect the coastal areas of Greece and Italy through seaplanes is an excellent opportunity to strengthen our bilateral relations. The Hellenic-Italian Chamber warmly supports this effort, as it highlights our common cultural and economic values, and promotes cooperation and development in terms of business and tourism. This connection will bring our two countries closer together and create new prospects for our local communities and economies.”

Hellenic Seaplanes’ Director of Ground Infrastructure Development Mr. Rondogiannis said: “The cooperation between Italy & Greece in the seaplane sector will strengthen the relations between the two countries and facilitate the communication between the island and coastal regions of Italy and Greece. It is an important step towards the sustainable development of tourism combined with seaplanes, giving passengers the opportunity to enjoy faster and more comfortable travel. The completion of the facilities will open up new prospects for connecting the two countries, enhancing the flow of visitors and promoting sustainable mobility in the region.”

In closing, the President and CEO of Hellenic Seaplanes, Mr. Charalamboussaid: “The interconnection of Greece and Italy through seaplanes is an objective of strategic importance for us. This cooperation will not only enhance tourism development and transport sustainability, but will also create new opportunities for the local communities and economies of both countries. The Kyllini waterport will play a central role in this effort and we are excited about the progress being made.”

The conference dedicated to entrepreneurship

The 1st International Scientific Conference “Greece, Great Greece, Italy – Common cultural antagonisms and invitations in the new millennium”, is organized in the framework of the twinning between the Municipality of Crotone and the Municipality of Andravida Kyllini, the Municipality of Pyrgos Ilia and the Municipality of Squillatse and finally the Municipality of Ancient Olympia with the Municipality of Cira Marino, the Amphictyony “Epeon Earth”, which is composed of the Municipalities of Ancient Olympia, Pyrgos, Andravida-Kyllini, the Greek-Italian Chamber of Athens and the Holy Cross Monastery of Vlatades.

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The delegation also visited the Magna Graecia Foundation, where discussions centered on deepening the cultural and historical ties between Greece and Italy. The Foundation, known for its commitment to preserving and promoting the shared heritage of Magna Graecia, plays a vital role in fostering a modern Greek-Italian partnership. The meeting emphasized the mutual benefits of cooperation in tourism, education, and cultural exchange, further boosting bilateral relations.

Additionally, the delegation met with Greece’s Ambassador to Rome, Mrs. Eleni Sourani, to discuss matters of security and the importance of strengthening transnational cooperation between Greece and Italy. The focus was on building a robust framework for collaboration that would not only address contemporary challenges but also reinforce the longstanding friendship and shared values between the two nations. This visit signals a promising future of closer ties, collaborative projects, and enhanced economic and cultural exchanges between Greece and Italy.

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The Greek-Italian Chamber of Athens is a constant partner in the investment race, an ally and advisor to Greek and Italian businesses. With a presence in 65 countries around the world, through the Association of Italian Chambers of Commerce and more than 1,000 members, it has been working for the expansion of economic and commercial cooperation between the two countries for over six decades, facilitating the implementation of investments.

At the same time, it continues for the second decade the highly successful and internationally recognised programme “Exporting more Greece to 83 bilateral Italian Chambers in 65 countries”, being the main partner of Italian companies operating in Greece and of Greek companies in the neighbouring country.

PROSPECTLY, the Greek-Italian Chamber of Athens announced the signing of a Protocol of Cooperation with the Industrialists’ Association of Naples, which provides that the two institutions will join forces and work together to further strengthen economic relations. For the implementation of the Protocol of Cooperation, the Hellenic-Italian Chamber of Athens and the Association of Industrialists of Naples have agreed to create an office – antenna for the member companies and consultants of the Hellenic-Italian Chamber of Athens. This office is expected to become a reference point in Southern Italy and to act as an information hub for investment opportunities in the Greek market.

ITALIAN investments, in recent years, have been strengthening the dynamics of the domestic market and upgrading Greece’s position in the global energy and connectivity maps.

The LARGEST international provider of telecommunications interconnection services in Italy and among the top ten in the world, the Italian Sparkle, in 2021, in the midst of a pandemic, commissioned Metamorfosis II, the first green data center in Greece, while it recently completed the laying of the Blue Med cable in the Mediterranean, landing it in Chania.

The laying of the Green Med submarine cable is also expected, which is expected to create an innovative fibre-optic network corridor to connect, via an alternative low-latency network, Italy with Croatia, Montenegro, Albania, Greece and Turkey, before extending further into the Mediterranean. In addition, RENCO SpA and TERNA S.A. are proceeding, following a competitive tender process, with the construction of Microsoft’s first privately invested Data Center in Greece.

IN THE ENERGY SECTOR, Italian giants such as Snam and Italgas have for years been in control of critical energy infrastructure in Greece, while major Italian groups such as Edison and Enel Green Power, among others, are systematically investing in green energy, with onshore and especially offshore wind farms and photovoltaic parks.

Edison is also working to promote the EastMed pipeline and is attempting to retain Elpedison, one of the largest independent power and gas generators and providers in Greece, although HELLENiQ ENERGY has a different view.

The Italian group Renco SpA, following its successful participation in the construction of the Trans Adriatic Pipeline, has also expressed interest in participating in the completion and extensions of the project.

The Greek investment foray in Italy has also begun, with the major investment of Mytilineos Group, which includes investments of over 3 billion and a portfolio of 180 projects with a total capacity of 3.59 GW, with investments in solar energy and the crucial issue of energy storage. And the Olympia Group’s Sunlight company is active in Italy, through its subsidiaries Sunlight Italy, and Sunlight European Battery Assembly (SEBA) with facilities in Verona. The company, in 2022, acquired 80% of Italian PBM.

Several infrastructure projects in Greece also have an ITALIAN stamp, with Italian companies undertaking projects in cooperation with Greek companies, such as the joint venture between ABAX, the Italian GHELLA and the French ALSTOM, which was the successful bidder in the tender for the construction of Line 4 of the Athens Metro, for the section “Also Veikou – Goudi”.

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This project, featuring the latest #CBTC driverless control system, represents an important step forward for urban mobility in Thessaloniki. With 87 days remaining until the first submissions, as recently noted by the Minister of Infrastructure and Transportation Christos Staikouras and the Deputy Minister Nikolaos Tachiaos, the countdown to the project’s inauguration by the Prime Minister Kyriakos Mitsotakis has officially begun.

This Metro system is expected to enhance transportation in Thessaloniki and strengthen the city’s position as a development hub in Greece. We are glad to provide our legal expertise in assisting this endeavor and are happy to be working alongside Barbara Ferrari from Hitachi Rail on this project.

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Much appreciation to Vangelis Papalios and Konstantinos Papalios, for their exemplary organization of this event. Congratulations to all the awardees for their well-deserved recognition.

Celebrating Excellence at the “Strongest of the Greek Economy 2024” Event

This prestigious event celebrates the outstanding achievements of leading companies within Greece, showcasing their significant contributions to the economy.

The “Strongest of the Greek Economy” annual publication, first issued in March 2012, is a cornerstone of Greek business excellence. Direction Business Network, through its comprehensive database, Direction Business Reports, meticulously collects and processes the financial information of 10,000 companies operating in Greece. The publication highlights the key sectors driving the economy, the largest firms by turnover, the most profitable companies by earnings before taxes, those with the greatest liquidity, and standout performers in investments and international activities.

Featured in the Publication

TOP 1000: The 1,000 largest firms based on turnover.
TOP 200: The 200 most profitable businesses based on earnings before taxes.
TOP 100: The 100 private companies with the greatest liquidity.
Industry Insights: Detailed analysis of 40 sectors of the Greek economy.
Export Excellence: Special focus on the top 200 industrial companies excelling in export activities, ranked by turnover.
Expert Opinions: Insights from Ministers, institutional leaders, and market executives.
Health Sector Spotlight: A dedicated section on the largest and most profitable pharmaceutical companies, wholesalers, medical device products, and private medical services.

Recipients of the Publication

The publication is distributed to a select audience, including high- and top-level business executives, banking officials, financial and public organizations, press offices of production-related ministries, professional chambers and universities, members of medical and pharmaceutical associations, cosmetics companies, and finance and health journalists.

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The year 2024 marks a pivotal moment, as almost half of the world’s population goes to the polls, with elections in more than 50 nations influencing global politics for years to come. This significant year will test democratic rule, impacting an estimated 4 billion people. Amid escalating geopolitical conflicts, environmental challenges, and economic uncertainties, opportunities for a more equitable world emerge, primarily driven by technological disruption. Europe, demonstrating resilience, will see a new mandate set by June’s European Parliament election.

At this roundtable, we engaged in meaningful and constructive dialogue aimed at navigating the present and preparing for the future. We gained invaluable insights from top analysts and leaders, understanding how the outcomes of these elections and current global challenges will shape the world. The discussions underscored the importance of collaboration in addressing these issues and leveraging technological advancements for a better future.

We extend our sincere gratitude to Edison Hellas for this remarkable opportunity and look forward to applying the knowledge and insights gained to our work at Tsamichas Law Firm.

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