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Athens News Agency: News in English, 06-01-05

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] More Greek brandname products urged
  • [02] Snow compensation payments for farmers

  • [01] More Greek brandname products urged

    Greek raw material products were often behind a foreign brand name distributed in world markets, such as Greek olive oil (bottled under Italian names), Kozani saffron (used by Spanish cooks in the traditional paella) sardines, etc, Eugene Plalis, president of the Exporters' Union of Northern Greece said on Wednesday.

    "This phenomenon costs dearly to Greece and in order to be addressed effectively, Greek enterprises must sell more brand and high value added products abroad," he stressed.

    Plalis said Greek exports began to rise after the latest wave of EU expansion eastwards while he expressed his confidence that Greece would reap more benefits after the accession of Bulgaria and Romania and Turkey's road towards closer relations with the European Union.

    He added that Greek exports have more growth potential and noted that foreign consumers asked for specialized Greek products. Plalis said the sectors showing the biggest export potential were clothing and fur products, base metals, chemicals, textiles, food and beverage. He also noted that medical precision equipment and opticals, electric machines and appliances, machinery, plastics, fisheries and metal products were showing increase export activity although their value remained low.

    [02] Snow compensation payments for farmers

    Thousands of farmers who incurred crop losses due to ice and snow in February 2004 will begin receiving compensation payments in February this year, Agricultural Development Minister Evangelos Basiakos said on Wednesday.

    Overall compensation is 300 million euros in a programme endorsed by the European Union, Basiakos said in a statement.


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