“If it doesn’t challenge you, it doesn’t change you” -|- GREECE 2023: On the path to sweeping changes -|-

The first week of 2023 has already passed. The pandemic and the Russo-Ukrainian War marked the end of a period of relative stability and predictability in economics and geopolitics. Today’s world is much more unstable, convulsed by the extreme volatility in energy and financial markets, the economic upheaval, the aftershocks of the war and covid-19, the vicissitudes of great power rivalry and the radical demographic, economic and technological changes. In other words, unpredictability is the new normal and the ancient Greek quote: “Everything flows and nothing abides…” from Heraklitus is more relevant than ever (after about 25-26 centuries since it was said). There is no getting away from it. However hard working and tough struggle will help us face this new reality with confidence.

[!] As regards modern Greece the new year could be a new milestone and a new dynamic beginning. Amid a changing global environment I wish you all in Greece, Europe and worldwide from the bottom of my heart a blissful, healthy, peaceful, energetic, bright, extremely prosperous, progressive, dynamically productive, creative, highly promising and successful new year [!]

May the year 2023 will be the onset of a new GRebound and an era of investment euphoria, brain gain, and positive economic outlook.

Many important economies will go into recession as central banks raise interest rates to stifle inflation, an after effect of the pandemic since inflamed by high energy prices. Νevertheless, the Greek GDP growth rate is expected to be even faintly (+) positive (+) .

However it is worth mentioning that the most serious challenge for Greece will be the conversion of the current dangerous and extremely disturbing population decline. Particularly, halting population decline and radical change of the current trend of depopulation should be a national priority.

The demographic potential of Greece will be the key driver of economic growth in the long run. Therefore a demoGRaphic GRessurection is more necessary than ever in order Greece with a current market size of about 10.4 mil. inhabitants* and a nominal GDP of about $220 bil. to be established as a significant middle power in the global geo-economic terrain and one of the most important powers in SE Europe and the neuralgic eastern Mediterranean region.

_{*Note: According to the preliminary results of the Greek census of 2021 the total permanent population of Greece was 10.43 mil. inhabitants, however over the year 2022 there was a record of negative natural population rate of about -65.5k (births-deaths).}

The thirst for economic independence, large-scale investments, solidarity and financial stability of the proud Greek people will stimulate the economy as a whole. An unrelenting, long but ultimately victorious fight has just begun. Therefore the proGRess and upGRade are about to come and the GRecovery is on its way.

The new year could lead to the GRebirth of a new society and a brighter period where Greece is going to rally the whole world under the flag of economic freedom.

New GReat investment opportunities will arise in 2023 and for the next decade not only from tourist sector but also from other attractive economic sectors of the highly-promising Greek market like Greek RES sector (large-scale PV and Wind strategic investments), Energy sector (Energy Transmission Networks, Energy Storage investments and Green Hydrogen projects incl.), Urban Regeneration Projects like the emblematic Ellinikon Mega Project, Maritime Sector, Research and new Technologies, Capital and Energy Markets (via Athens Stock Exchange-ASE and HEnEx), Agricultural Sector, Construction Industry, Infrastructure and Logistics. Especially as regards the Energy Sector the further decarbonization process of the electricity generation in Greece is going to continue despite the serious energy financial crisis due to the sharp fluctuations in the electricity and natural gas wholesale prices.

|> 2023 must be a year of action and preparation for revolutionary and radical changes especially in the Energy transition and decarbonization process over the decades ahead.

The Greek real economy and market comes face to face with the need for fundamental alterations in the near future so as to be ensured a substantial growth and adaptation to the new conditions of a GReener economy. Greece must be among the countries that will get the competitive advantage of a GReen Energy GRevolution speeding up the implementation of numerous of important Energy Storage projects that are going to boost further the RES penetration in the energy mix of the country.

National purpose should be the development of new direct Strategic Investments that will be the locomotive of a mighty uplifting trajectory.

-| May more and more investors will find a market that looks promising in 2023 and for the next crucial decade: G R E E C E |-

<[!]> After the Crucifixion, the Resurrection comes. We believe in the “GResurrection”, We do believe in the power of Greece… <[!]>

2023 warm wishes for a great year ahead!

<[!]> GREECE 2023: Best wishes for a bright future ahead <[!]>

Disclaimer: The content of the aforementioned article is just a symbolic message and wishes for the new year 2023. It is not intended as, and shall not be understood or construed as, financial advice. The said content does not represent or constitute any recommendation, solicitation, endorsement, inducement or offer by me or any third party service provider to buy or sell securities, commodities, digital assets or any financial instruments. Nothing on this article constitutes financial advice, nor does any information found on this article constitute a comprehensive or complete statement of the matters discussed. Any information, materials, statements and/or data set out herein is subject to change anytime without notice and as such, no reliance must be placed on accuracy, fairness, completeness or correctness of any information included.