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29th THE GREEK ECONOMY CONFERENCE THE GREEK 29th THE GREEKGreece ECONOMY facing theCONFERENCE future ECONOMY® The new growth model and global challenges CONFERENCE THE GREEK ECONOMY® CONFERENCE December 3&4, 2018 | Athenaeum InterContinental Hotel ORGANIZED BY AMERICAN-HELLENIC CHAMBER OF COMMERCE IN COOPERATION WITH 29th THE GREEK ECONOMY CONFERENCE AMERICAN-HELLENIC December 3&4 2018 THE GREEK Greece facing the future CHAMBER OF COMMERCE ATHENAEUM INTERCONTINENTAL HOTEL ECONOMY® The new growth model and global challenges CONFERENCE AGENDA DAY ONE MONDAY, DECEMBER 3, 2018 ❰ 12:00 REGISTRATION | WELCOME RECEPTION 12:30 INTRODUCTION Elias Spirtounias Executive Director, American-Hellenic Chamber of Commerce Simos Anastasopoulos President, American-Hellenic Chamber of Commerce WELCOME ADDRESS Athanassios Savvakis President, Federation of Industries of Northern Greece 13:00 THE U.S. PERSPECTIVE Geoffrey Pyatt U.S. Ambassador to the Hellenic Republic 13:15 GREECE AND THE INTERNATIONAL MONEY MARKETS: WHAT LIES AHEAD? Three months after the completion of the bailout program, Greece seems to not be ready for the global money mar- kets. What are the reasons for this, and when is the country expected to enter the markets and finance its economy efficiently? Greece is reported to have significantly improved its Public Financial Management but recognition and confidence are still limited. How can Greece continue to improve its finances and gain wider recognition in the global money markets? 2 3 ❯ 29th THE GREEK ECONOMY CONFERENCE AMERICAN-HELLENIC December 3&4 2018 THE GREEK Greece facing the future CHAMBER OF COMMERCE ATHENAEUM INTERCONTINENTAL HOTEL ECONOMY® The new growth model and global challenges CONFERENCE Paul Kazarian Dimitris Malliaropulos Founder, Chairman and CEO, Japonica Partners and Kazarian Center for Public Chief Economist, Director of Economic Analysis and Research, Bank of Greece Financial Management and Adjunct Professor, Public Financial Management, Columbia Business School Moderator: Vassilis Kafatos Franciscos Koutentakis Partner, Deloitte Coordinator, Parliamentary Budget Office, Hellenic Parliament Jorge Núñez Ferrer 15:15 U.S. – GREECE: A STRATEGIC DIALOGUE FOR THE ENHANCEMENT Senior Research Fellow, Center for European Policy Studies (CEPS) OF ECONOMIC AND TRADE RELATIONS A conversation on the aspects and key issues of the upcoming strategic dialogue between the U.S. and Greece in light of the latest developments in geopolitics Fergus McCormick Ioannis Brachos Director of Sovereign Research, Emerging Markets Investors Alliance Secretary General for International Economic Relations, Ministry of Foreign Affairs Former Chief Economist & Head of Sovereign Ratings, DBRS 14:15 EXPLORING THE APPROPRIATE GROWTH PLAN FOR GREECE Geoffrey Pyatt Greece’s ranking remains low in most competitiveness indexes. What are the main reasons for this? Does the improve- U.S. Ambassador to the Hellenic Republic ment of competitiveness depend only on state reforms, or is it an issue of persistent attitudes in both the public and private sectors? There is a lot of talk about the absence of a comprehensive growth strategy for the country. What should the economy’s priorities be in light of the latest disruptive changes? What are the most promising sectors in which Greece has potential Simos Anastasopoulos to grow fast? President, American-Hellenic Chamber of Commerce › Presentation of the Competitiveness Status of Greece Dr. Venetia Koussia 15:45 THE ENERGY SECTOR AS A PILLAR OF ECONOMIC DEVELOPMENT | Director General, Greek Competitiveness Council GEOSTRATEGIES AND SYNERGIES The role of the energy sector is vital for the economic growth of the country. What is the energy market in Greece today, and what are the forecasts for the near future? What are the providers plans? Why is energy so › Roundtable Discussion expensive in Greece, and what can be done about this? What is the case with the pipelines and FSRU in the country? Could Greece become a dominant energy player in Southeast Europe, and if so, how? Does Greece finally have a national energy strategy? Maria Velentza Director Financial Institutions, Directorate General for Competition, European KEYNOTE SPEAKER Commission Michalis Verroiopoulos Vassilis Antoniades Secretary General for Energy & Mineral Resources, Ministry of Environment & Energy Senior Partner & Managing Director, The Boston Consulting Group (BCG) 4 5 ❯ 29th THE GREEK ECONOMY CONFERENCE AMERICAN-HELLENIC December 3&4 2018 THE GREEK Greece facing the future CHAMBER OF COMMERCE ATHENAEUM INTERCONTINENTAL HOTEL ECONOMY® The new growth model and global challenges CONFERENCE Emmanouil Panagiotakis 20:30 DINNER Chairman & CEO, Public Power Corporation (PPC) INTRODUCTION Simos Anastasopoulos President, American-Hellenic Chamber of Commerce Andreas Shiamishis Deputy Chief Executive Officer & Group Chief Financial Officer, Hellenic Petroleum GUEST OF HONOR & KEYNOTE SPEAKER Kyriakos Mitsotakis Stefanos Oktapodas Opposition Leader and President of New Democracy Party C.E.O., Hellenic Electricity Distribution Network Operator (HEDNO) S.A. Ioannis Arapoglou Chairman of the Board of Directors, Gastrade Moderator: Κostas Andriosopoulos Chairman, Hellenic Association for Energy Economics 17:00 THE PRESENT AND FUTURE OF THE FINANCIAL AND BANKING ENVIRONMENT The role of banking institutions in the growth plan and the revival of entrepreneurship is absolutely crucial. Where does the Greek banking sector stand today? Has it been rid of the deficiencies of the past? What is the status of the NPLs and what is their timeframe? Is the Greek banking sector prepared to look ahead, respond to the challenges of the new era, and offer new services to its customers? Martin Czurda CEO, Hellenic Financial Stability Fund (HFSF) George Handjinicolaou Chairman of the ΒοD, Athens Stock Exchange (ATHEX) & Piraeus Bank Moderator: Marios T. Kyriacou Senior Partner, KPMG 6 7 ❯ 29th THE GREEK ECONOMY CONFERENCE AMERICAN-HELLENIC December 3&4 2018 THE GREEK Greece facing the future CHAMBER OF COMMERCE ATHENAEUM INTERCONTINENTAL HOTEL ECONOMY® The new growth model and global challenges CONFERENCE DAY TWO TUESDAY, DECEMBER 4, 2018 ❰ 09:30 KEYNOTE ADDRESS John Mourmouras Senior Deputy Governor, Bank of Greece 10:00 THE INDUSTRIAL SECTOR IN GREECE: THE NEXT DAY The role of heavy industry is central to the economic development of Greece. Few industries have managed to restruc- ture their operations, correct their fiscals and become more extroverted successfully. Can Greece’s growth rely on the development of heavy industry, and if so, to what degree? Christos Harpantidis Chairman & Managing Director, Papastratos Nikolaos Bakatselos President & CEO, Pyramis Metallourgia Theodoros Tryfon Vice President, Elpen Pharmaceutical Co. Inc. Moderator: Nikos Vettas General Director, Foundation for Economic & Industrial Research (IOBE) 11:00 THE HELLENIC CORPORATION OF ASSETS AND PARTICIPATIONS (HCAP) AND ITS ROLE IN THE COUNTRY’S GROWTH PLAN A conversation on the scope and the goals of HCAP and its role in the country’s growth plan 8 9 ❯ 29th THE GREEK ECONOMY CONFERENCE AMERICAN-HELLENIC December 3&4 2018 THE GREEK Greece facing the future CHAMBER OF COMMERCE ATHENAEUM INTERCONTINENTAL HOTEL ECONOMY® The new growth model and global challenges CONFERENCE Rania Ekaterinari Kimon Volikas CEO & BoD Member, Hellenic Corporation of Assets and Participations (HCAP) S.A. CEO, Alpha Asset Management Moderator: Alexandros Costopoulos Nikos Koskoletos CEO, FORESIGHT Strategy & Communications General Manager & Head of Research, Eurobank Equities 11:30 OPPORTUNITIES AND CHALLENGES IN THE GREEK INVESTMENT Moderator: George Handjinicolaou ENVIRONMENT: INVESTORS POINTS OF VIEW Chairman of the ΒοD, Athens Stock Exchange (ATHEX) & Piraeus Bank It is generally agreed that Greece is in need of sizeable investments to help the economy achieve sustainable and significant growth. What are the best sectors to invest in? What are the most successful models we can follow as country? 13:00 THE ATHENS STOCK EXCHANGE EXPERIENCE | PERSPECTIVES ON THE Costas Karagiannis ROLE OF THE GREEK CAPITAL MARKET IN THE GREEK ECONOMY The experience of the Greek capital market and its prospects of contributing to the Greek economy Operating Partner, Apollo Capital Management Dimitrios Kyriacopoulos Konstantinos Kostopoulos Executive Vice President, ElvalHalcor Vice President IBD, Morgan Stanley Petros Tzannetakis Aziz Francis Deputy Managing Director & CFO, Motor Oil Founder, Brook Lane Capital Nikos Polymenakos Richard Langstaff IR Director, OPAP CEO, Cepal Hellas Michael Mastorakis Moderator: Nicholas Papapolitis CFO & Member of the BoD, Sunlight Managing Partner, P&P Chair, Investment & Finance Committee, AmCham Moderator: Socrates Lazaridis CEO, Athens Exchange Group 12:30 DEVELOPING THE GREEK INSTITUTIONAL INVESTMENT SECTOR The development of the institutional investor and private pension sectors in Greece 13:30 NETWORKING LUNCHEON 10 11 ❯ 29th THE GREEK ECONOMY CONFERENCE AMERICAN-HELLENIC December 3&4 2018 THE GREEK Greece facing the future CHAMBER OF COMMERCE ATHENAEUM INTERCONTINENTAL HOTEL ECONOMY® The new growth model and global challenges CONFERENCE 14:15 THE HEALTH SECTOR AS A KEY FACTOR FOR THE DEVELOPMENT OF THE Antonis Tsiboukis GREEK ECONOMY General Manager Greece, Cyprus, Malta, Cisco The HealthCare sector keeps evolving and essentially contributing in the Greek economy even in the times of austerity. Almost all multinationals have a presence in Greece and upcoming reforms’ acceleration