26Th Annual the Greek Economy Conference 2015

26TH ANNUAL THE GREEK ECONOMY CONFERENCE 2015

THE GREEK ECONOMY CONFERENCE

AGENDA

DAY ONE MONDAY, NOVEMBER 30, 2015

12:30 REGISTRATION | WELCOME RECEPTION

13:15 OPENING REMARKS

Elias Spirtounias Executive Director, American-Hellenic Chamber of Commerce

WHY A NATIONAL CONSENSUS?

Simos Anastasopoulos President, American-Hellenic Chamber of Commerce

13:30 THE ISSUES IN PERSPECTIVE

Constantine Michalos President, Athens Chamber of Commerce and Industry

Athanasios Savvakis President, Federation of Industries of Northern Greece

13:45 THE U.S. VIEWPOINT

David Pearce US Ambassador to Greece NOVEMBER 30 & DECEMBER 1, 2015 Investment & Growth: Building a National Plan 3

AGENDA 14:00 THE GREEK ECONOMY: IS THERE HOPE?

Euclid Tsakalotos Minister of Finance

14:30 THE GREEK DEBT: ACCELERATING THE TURNAROUND OF GREECE GOVERNMENT FINANCES A great deal has been said about the level of Greece’s debt, its sustainability, and whether a haircut is needed or not. But the numbers under International Accounting Standards (IFRS and US GAAP) show a completely different picture. Is, in fact, the debt 180% of GDP? Are we capable in managing and controlling our finances? Should the economy be blamed in general or the chronic lack of a framework that promotes meritocracy, responsibility and accountability in the management of the country’s finances? KEYNOTE PRESENTATION Paul B. Kazarian Founder, Chairman & CEO, Japonica Partners, USA

PANEL DISCUSSION

Franciscos Koutentakis General Secretary for Fiscal Policy, Ministry of Finance

Michael G Jacobides Sir Donald Gordon Chair of Entrepreneurship and Innovation, and Associate Professor, Strategy & Entrepreneurship Department, London Business School

John Moran Member, European Investment Bank & f. Secretary General, Department of Finance, Ireland

George Serafeim Jakurski Family Associate Professor of Business Administration, Harvard Business School

Moderator: Paul Kazarian, Japonica Partners

DISCUSSION

❯ 26TH ANNUAL THE GREEK ECONOMY CONFERENCE 2015

THE GREEK ECONOMY CONFERENCE

15:45 WHY MEMORANDA? ANALYZING THE BASICS Why did Greece need three memoranda within five years? Why have these agreements been demonized and what does this means regarding their implementation? Are all the changes and reforms described in the memoranda needed and for what reason? How essential are the memoranda—and to what degree are they needed—to elevate the economy to a level that is competitive and promotes development? Is there light in the tunnel? What is the value of competitiveness in today’s global economy? Is Greece a competitive country and in what sectors? What reforms are needed and what procedures are required for Greece to become competitive in high- quality and innovative products and services?

Rasmus Rüffer Head of Division, Monetary Policy Strategy Division, European Central Bank (ECB)

Declan Costello Mission Chief for Greece, European Commission

Nikos Vettas General Director, Foundation for Economic and Industrial Research (IOBE) and Professor, Athens University of Economics and Business

Moderator: Alexis Papachelas, Executive Editor, Kathimerini

DISCUSSION

17:00 A YOUTH PERSPECTIVE ON ENTREPRENEURSHIP: SOMETHING IS CHANGING How do young people view entrepreneurship? Have there been changes in stereotypes that prevailed for many years in universities? What does the growth of entrepreneurship among young people mean to the Greek economy? How easy is for a young person to become an entrepreneur today? Do young entrepreneurs exhibit different values and qualities than older ones? Can we trust young people to pull the economy out of its dead end?

RESEARCH PRESENTATION

Georgios Doukidis Professor, Department of Management Science and Technology, Athens University of Economics and Business

Haris Makryniotis Managing Director, Endeavor Greece NOVEMBER 30 & DECEMBER 1, 2015 Investment & Growth: Building a National Plan 5

KEYNOTE ADDRESS & DISCUSSION

Costas Fotakis Alternate Minister for Research and Innovation, Ministry of Education, Research & Religious Affairs

Panos Papazoglou Managing Partner, EY Greece

Marco Veremis CEO & Co-founder, Upstream

Litsa Panayotopoulos Secretary General, Executive Committee & President, Innovation, Education, Entrepreneurship Committee, American-Hellenic Chamber of Commerce

Οrestis Tzanetis Co-founder & COO, Intale

Moderator: Alexandros Costopoulos, CEO, Foresight Strategy & Communications

DISCUSSION

18:30 CLOSING NETWORKING RECEPTION

❯ 26TH ANNUAL THE GREEK ECONOMY CONFERENCE 2015

THE GREEK ECONOMY CONFERENCE

AGENDA

DAY TWO TUESDAY, DECEMBER 1, 2015

09:15 DAY TWO CONFERENCE OPENING KEYNOTE ADDRESS

Yannis Plakiotakis President, New Democracy Partyecutive Director, American-Hellenic Chamber merce

09:45 KEYNOTE ADDRESS THE GREEK BANKS: MOVING FORWARD

Ioannis Mourmouras Deputy Governor, Bank of Greece

10:00 RECAPITALIZING GREEK BANKS. IS IT SUFFICIENT? How important for the Greek economy is the recapitalization of Greek Banks? Are banks satisfied with recent developments? Are the amounts for recapitalization sufficient to leverage the real economy? What other steps are required? Can the withdrawn deposits return to the banks—and how? How will banks finally treat non-performing loans?

Aristeides Xenofos CEO, Hellenic Financial Stability Fund

Spyros Papaspyrou Executive General Manager, Piraeus Bank

Lambros Tsolkas Vice President Accenture Greece/Head of Financial Services

Moderator: Konstantinos Robotis, Chief Editor, Agora DISCUSSION NOVEMBER 30 & DECEMBER 1, 2015 Investment & Growth: Building a National Plan 7

AGENDA 11:00 ROUNDTABLE DISCUSSION STATE REFORM: DEVELOPMENT, INVESTMENTS AND GROWTH d DEVELOPING A POSITIVE BUSINESS AND INVESTMENT ENVIRONMENT Why is Greece not considered friendly country toward entrepreneurship and investment? How is a positive and attractive framework for business and investments developed? Can we, as a country, enact the changes needed? Can the country draft and implement a national growth plan? George Stathakis Minister of Economy, Development & Tourism

Antonios Kerastaris CEO, Intralot Group

Marios Kyriacou Senior Partner, KPMG Greece

Nicholas Theocarakis Chairman & Scientific Director, Center of Planning & Economic Research (KEPE)

Dionisis Kolokotsas Public Policy and Government Relations Manager, Google Greece

Moderator: Katia Makri, Journalist, REAL

DISCUSSION

d PUBLIC ADMINISTRATION, E-GOVERNANCE MODELS & TRANSPARENCY There is much discussion on the reform of the public administration. Are models of meritocracy, transparency and accountability applied, and to what degree? How and to what degree could e-governance contribute to this process? How easily can the current employees adopt reform and learn new paradigms? What are the best international models?

Christoforos Vernardakis Alternate Minister of Administrative Reform* *Awaiting confirmation

❯ 26TH ANNUAL THE GREEK ECONOMY CONFERENCE 2015

THE GREEK ECONOMY CONFERENCE

Panagiotis Karkatsoulis Head, Institute for Regulatory Policy Research & Secretary, “The Potami”, Parliamentary Group

Nikolaos Peppas Country Manager Greece, Cyprus & Bulgaria, SAS Institute

Myladie Stoumbou Director of Evangelism & Experience, Microsoft Hellas

Moderator: Ioanna Sabrakou, Vice President, Hellenic Association of Computer Engineers (HACE) & Secretary General, eTEE DISCUSSION

12:45 STUDY PRESENTATION GROWTH & GOVERNMENT INCENTIVES: IS IT A GLOBAL RACE AFTER ALL? The rapid growth of the global IP economy is creating new opportunities and standards in the global economy. Can Greece benefit from this growth and how? Can the Greek government help companies produce innovative & competitive products and services and what is required for this?

Natan Aronshtam Partner, Managing Director Global R&D and Government Incentives, Deloitte LLP

13:00 THE GROWTH AGENDA d ENERGY: AN ENERGY HUB FOR EUROPE—OR NOT? Is there a national energy strategy in Greece? If not, what could it be and how it could contribute significantly to the growth of economy? Why is energy not cheap in Greece? Can this change and how? What is the impact of the latest geostrategic developments in the energy position of the country? What are the developments regarding European energy policy?

Michalis Verriopoulos Secretary General of Energy, Ministry of Environment & Energy

Nikolaos Chatziargyriou Chairman & CEO, Hellenic Electricity Distribution Network Operator S.A. (HEDNO S.A.) & Professor, Electrical & Computer Engineering School, National Technical University of Athens (NTUA) NOVEMBER 30 & DECEMBER 1, 2015 Investment & Growth: Building a National Plan 9

George Peristeris CEO, GEK TERNA

Mathios Rigas Chairman & CEO, Energean Oil & Gas

Moderator: Andreas Panagopoulos, Journalist, CNN Greece DISCUSSION d TOURISM: DOUBLING THE NUMBERS The number of incoming tourists has continuously increased during the last three years. Is this a result of a strategy or because of accidental circumstances? How sustainable is the current model of tourism? Can Greece accommodate a larger number of tourists, and especially those of a higher income? How can Greece incorporate all seasons in it tourism offering? What investments in infrastructure, facilities and services are required?

Elena Kountoura Alternate Minister of Tourism, Ministry of Economy, Development and Tourism

Andreas Stylianopoulos President & CEO, Navigator Travel & Tourism Services

Τim Ananiadis General Manager & Managing Director, Hotel Grande Bretagne & King George

Ioannis Paraschis CEO, Athens International Airport

Moderator: Maria Karchilaki, Journalist, CNN Greece DISCUSSION

14:30 NETWORKING COCKTAIL RECEPTION

15:30 FINANCIAL INSTRUMENTS - LIQUIDITY Liquidity and funding of projects and businesses is a leading issue today. What funding opportunities, programs and other financial instruments are available? What are the requirements for a business to take advantage of these programs? Can Greek businesses participate in international funding programs and, if so, what is needed? ❯ 26TH ANNUAL THE GREEK ECONOMY CONFERENCE 2015

THE GREEK ECONOMY CONFERENCE

Can the new National Strategic Reference Program (ESPA) assist, and to what degree, in the financing of sustainable development projects?

Alexis Charitsis Deputy Minister of Economy, Development and Tourism

Socrates Lazaridis CEO, Athens Exchange Group

Anthony Bartzokas Board Director, European Bank for Reconstruction and Development

Ioannis Tsakiris Head of Division SE Europe and EU Neighbouring Countries in the Mandate Management Department, European Investment Fund

Giannis Papadopoulos Chairman, Hellenic Venture Capital Association and Co-founder & CEO, Attica Ventures

Moderator: Yannis Perlepes, General Manager, Naftemporiki DISCUSSION

16:30 MAJOR FOREIGN FUNDS & INVESTING IN GREECE Attracting major investments in Greece is considered crucial and essential for reviving the real economy and confronting unemployment. But what is investment environment in Greece today? How do major investment funds view Greece? What sectors and projects are considered attractive and under what circumstances would investors proceed?

Nicholas Papapolitis Partner, Papapolitis & Papapolitis

John Stamler Director, Credit Enhanced Strategies Europe, Blackrock International Fixed Income NOVEMBER 30 & DECEMBER 1, 2015 Investment & Growth: Building a National Plan 11

Costas Karagiannis Operating Partner, Apollo Management International LLP

Chris Papachristophorou Managing Partner, Invel Real Estate Advisors LLP

Aziz Francis Portfolio Manager, Spinnaker Capital

Chetan Gulati Managing Director, Perry Capital

George Linatsas Founding Partner & Group Managing Director, Axia Ventures Group

Moderator: Nicholas Papapolitis, Partner, Papapolitis & Papapolitis DISCUSSION

17:45 END OF CONFERENCE SESSIONS

20:30 DINNER INTRODUCTION: Simos Anastasopoulos President, American-Hellenic Chamber of Commerce

KEYNOTE SPEAKER: Alexis Tsipras Prime Minister of the Hellenic Republic

PRESENTATION «PERICLES LEADERSHIP AWARD»

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