26Th Annual the Greek Economy Conference 2015
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26TH ANNUAL THE GREEK ECONOMY CONFERENCE 2015 THE GREEK ECONOMY CONFERENCE 2 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 4 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 6 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 develop- ments? 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 ac- countability 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 8 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