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ICODECON, 2-4.10.2015, Kalamata, Greece. Conference Proceedings, ISBN 978-618-82146-1-3 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 Conference proceedings of 1st International Conference of Development and Economy (ICODECON) Conference Theme: The advantages and disadvantages of Economic Crises 2-4 October 2015, Kalamata Editors: D. Petropoulos & G. Kyriazopoulos , January 2016. Technological Educational Institute (TEI) of Peloponnese, Antikalamos, 24100, Kalamata, Greece www.teikal.gr info: [email protected] ISBN 978-618-82146-1-3 2 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 1st International Conference of Development and Economy (ICODECON) 2-4 October 2015 Elite City Resort, Kalamata, Greece. Conference Theme: The advantages and disadvantages of Economic Crises Conference site: www.icodecon.com info: [email protected] Under the auspices of: 3 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 4 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 Organizers University of national and World economy, Sofia, Bulgaria Technological Educational Institute www.unwe.bg/en (TEI) of Peloponnese, Kalamata, Greece www.teikal.gr Alexandru ioan Cuza University, Technological Educational Institute of Western Iasi, Romania. Macedonia, Kozani, Greece www.uaic.ro http://www.teiwm.gr/index.php?lang=el 5 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 MAJOR SPONSOR OF THE CONFERENCE http://www.kareliafoundation.org.gr/ The George and Victoria Karelias Foundation is the result of the ambition of George Karelias to transform his lifetime values into a lasting heritage. Born in Athens on March 14 1929, George Karelias studies Economics and Business Administration at George Washington University in the United States of America. During this time he also furthered his studies in Fine Art. In 1959, he settled in Kalamata and joined the family business. During a long and illustrious career, distinguished by creativity and innovation, he made his personal mark on the development of the Greek tobacco industry. A businessman, but also an artist, George Karelias was known for his exceptional talent for drawing and his great love of books and history. He never missed an opportunity to contribute to the cultural and economic advance of the Region of Messina, where he lived until his death in April 2000. A man of boldness, sensitivity and vision, generous yet personally modest, he decided in 1993 with his wife Victoria, to establish a public benefit foundation called the “The George and Victoria Karelias Foundation” to promote the greater common good through education and research. Today, the foundation is actively led by Victoria Karelias, who as President contributes her personal dynamism, passion for life and vision to the achievements of the foundation. In addition to this role, Victoria Karelias is Chairman of Karelia Tobacco Company, and President of several Greek cultural organizations The George and Victoria Karelias Foundation continues the work of George Karelias, faithfully following his vision and values: a better quality of life for Greek citizens through the improvement of the educational, research and economic achievements of the country. For its goals and vision to become reality, the George and Victoria Karelias: Supports individuals or groups who are establishing leading roles in the fields of Education and Research Organizes educational programs and sponsors conferences for the development of the Greek economy and its promotion both nationally and internationally Regularly creates business publications that present the latest results of specialized economic research. Student scholarships. The George and Victoria Karelias Foundation encourages every effort to acquire knowledge by selecting from among the most distinguished graduates of Greek origin and supporting them to continue their post-graduate education either at home or abroad. 6 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 The Conference Scientific Committee: President Dr. Petropoulos P. Dimitrios, Assoc. Prof. TEI of Peloponnese - Greece Vice President Dr. Kyriazopoulos Georgios, Lecturer TEI of Western Macedonia - Greece Members Dr. Aggelopoulos Stamatis, Assoc. Prof. Alexander TEI of Thessaloniki – Greece Dr. Aghiorghiesei Daniela, Prof. University Alexandru Ioan Cuza - Romania Dr. Alexandru Tugui, Prof. University Alexandru Ioan Cuza - Romania Dr. Anastasiei Bogdan, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr.Antoniadis Ioannis, Assist. Prof. TEI of Western Macedonia – Greece Dr. Asandului Laura , Prof. University Alexandru Ioan Cuza - Romania Dr. Baciu Livia, Prof. University Alexandru Ioan Cuza - Romania Dr. Bedrule-Grigoruta Maria Viorica, Prof. University Alexandru Ioan Cuza - Romania Dr. Bertea Patricia Assist. Lect. University Alexandru Ioan Cuza - Romania Dr. Bitsani Eugenia, Prof. TEI of Peloponnese - Greece Dr. Bobalca Iuliana Claudia, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Burny Philippe, Prof. University of Liege - Belgium Dr. Chionis Dionisios, Prof, Democritus University of Thrace - Greece Dr. Chiper Sorina, Lect. University Alexandru Ioan Cuza - Romania Dr. Clipa Raluca, Lect. University Alexandru Ioan Cuza - Romania Dr. Ciortescu Elena, Lect. University Alexandru Ioan Cuza - Romania Dr. Ciulu Ruxandra, Assoc. prof. University Alexandru Ioan Cuza - Romania Dr. Cocarta Luminita Andrei, Prof. University Alexandru Ioan Cuza - Romania Dr. Dinu Airinei, Prof. University Alexandru Ioan Cuza - Romania Dr. Drimpetas Evaggelos, Assoc. Prof, Democritus University of Thrace - Greece Dr. Dritsaki Chaidi, Assoc. Prof. TEI of Western Macedonia - Greece Dr. Dritsaki Melina, Assoc. Prof. in University of Warwick - United Kingdom 7 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 Dr. Filos Ioannis, Assoc. Prof. Panteion University - Greece Dr. Firtescu Bogdan, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Galanos Georgios, Lecture Democritus University of Thrace - Greece Dr. Georgescu Iuliana, Prof. University Alexandru Ioan Cuza - Romania Dr. Geronikolaou Georgios, Lecturer in Democritus University of Thrace - Greece Dr. Giannakas Konstantinos, Prof. University of Nebraska-Lincoln - USA Dr. Hatzinikolaou Dimitrios, Assoc. Prof. University of Ioannina - Greece Dr. Hazak Aaro, Prof. Tallinn University of Technology - Estonia Dr. Iacobuta Andreea, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Ifrim Mihaela, Lect. University Alexandru Ioan Cuza - Romania Dr. Isan Vasile, Prof. University Alexandru Ioan Cuza - Romania Dr. Istrate Costel, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Ivanova Nedka, Prof. of UNWE - Bulgaria Dr. Jemna Danut, Prof. University Alexandru Ioan Cuza - Romania Dr. Kazakos Panos, Prof. University of Athens - Greece Dr. Karafolas Simeon, Prof. TEI of Western Macedonia - Greece Dr. Kopeva Diana, Prof. of UNWE – Bulgaria Dr. Koutroukis Theodoros, Assist. Prof. in Democritus University of Thrace - Greece Dr. Kyriazopoulos Georgios, Lecturer TEI of Western Macedonia - Greece Dr. Lazos Grigorios, Senior Executive in the Ministry of Economics - Greece Dr. Liargοvas Panagiotis, Prof. University of Peloponnese - Greece Dr. Lupu Dan, Assist. Lecturer, University Alexandru Ioan Cuza - Romania Dr. Maha Liviu, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Makris Ilias, Assoc. Prof. TEI of Peloponnese - Greece Dr. Manolica Adriana, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Maroudas Theodoros, Chief Executive in the Ministry of Economics - Greece Dr. Mavridakis Theofanis, Assoc. Prof. TEI of W. Greece - Greece Dr. Maxim Laura, Lect. University Alexandru Ioan Cuza - Romania Dr. Mircea Georgescu, Prof. University Alexandru Ioan Cuza - Romania Dr. Mironiuc Marilena, Prof. University Alexandru Ioan Cuza - Romania Dr. Mishev Plamen, Prof. DSc. of UNWE - Bulgaria Dr. Mitocaru Simona, Lect. University Alexandru Ioan Cuza - Romania Dr. Munteanu Corneliu, Prof. University Alexandru Ioan Cuza - Romania Dr. Mursa Gabi Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Nader Alber Assoc. Prof. Ain Shams University, Cairo, Egypt 8 ICODECON, 2-4.10.2015, Kalamata, Greece. Conference proceedings, ISBN 978-618-82146-1-3 Dr. Nestian Stefan Andrei, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Nikolaidis N. Vasilios, Assist. Prof. TEI of Peloponnese - Greece Dr. Nita Valentin, Prof. University Alexandru Ioan Cuza - Romania Dr. Onofrei Mihaela, Prof. University Alexandru Ioan Cuza – Romania Dr. Oprea Florin, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Panagou Vasilios, Prof. of TEI of Piraeus - Greece Dr. Papadogonas Theodore, Assoc. Prof. TEI of Halkida - Greece Dr. Papadopoulos Savvas, Bank of Greece - Greece Dr. Papageorgiou Athanasios, Prof. TEI of Peloponnese - Greece Dr. Papakonstantinidis Leonidas, Prof. TEI of Peloponnese - Greece Dr. Papoudaki Foteini, Assoc. Prof. TEI of Peloponnese – Greece Dr. Pascariu Gabriela Carmen, Prof. University Alexandru Ioan Cuza - Romania Dr. Petropoulos P. Dimitrios, Assoc. Prof. TEI of Peloponnese - Greece Dr. Pintilescu Carmen, Prof. University Alexandru Ioan Cuza - Romania Dr. Pohoata Ion, Prof. University Alexandru Ioan Cuza - Romania Dr. Politis Evangelos, Prof. TEI Western Greece - Greece Dr. Popescu Cristian, Assoc. Prof. University Alexandru Ioan Cuza - Romania Dr. Poufinas Thomas, Lect. in Democritus University of Thrace
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