National holidays and especially the 25th Μαρτίου provide us an opportunity to reflect on our past and look forward for our future.

I would like to think positive because negative thoughts communicate more fear and depression. We should not forget that our πατρίδα is one of the oldest nations in the world. Through the thousands of years history we have encountered many much more severe situations and we have succeeded in overcoming them. Today’s situation is not more than a spec in time and again we will prevail and emerge even as a stronger nation as we learn from our mistakes of the past.

We must look forward. Think positive. Think what we can do to go forward.

 There are good news in the horizon, such as that a couple of days ago a funding agreement was signed in Athens, concerning to the creation of a Guarantee Fund dedicated to enhance lending to Small and Medium-sized Enterprises (SMEs).

  • EFG Eurobank Ergasias will invest approximately EUR 68 million into urban projects located in the regions of mainland Greece (40 million) and the Peloponnese (28 million);
  • Investment Bank of Greece will invest approximately EUR 50 million into urban projects located in the regions of Eastern Macedonia and Thrace (10 million), North Aegean (10 million), Western Macedonia (15 million) and Epirus (15 million); and
  • Piraeus Bank will invest approximately EUR 40 million into urban projects located in the regions of Central Macedonia (20 million) and Thessaly (20 million).

You can read more about the “EIB joins forces with three banks for cities in Greece” here:

 Yes we have long way to go, but these are positive developments paiving the way out of the recession.

 As for us here in the forum, I have stated repeatedly to try to engage on positive thinking and come up with proposals and act. We should take the lead in moving forward the public dialogue from a focus on problems to a focus on solutions.

 Ζήτω η 25η Μαρτίου 1821!

Thanos Voudouris
HEC Director