Six months of war in the Persian Gulf: Economic uncertainty and Europe’s strategic imperative

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Six months of conflict in the Persian Gulf have transformed what initially appeared to be a regional military confrontation into a defining global economic challenge. The prolonged instability has fundamentally altered the dynamics of international trade, maritime transport, energy markets and investment decisions. Today, geopolitical risk is no longer an external variable; it has become a core economic indicator that

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Mr. Vassilis Korkidis, President of the Piraeus CCI and VP of ASCAME: “The Mediterranean’s future depends on transforming talent into opportunity, not letting it leave”

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Mr. Vassilis Korkidis, President of the Piraeus Chamber of Commerce and Industry and Vice President of ASCAME, participated in the Euro-Mediterranean Conference – ANIMA 20th Anniversary International Symposium, held in Athens (Greece) on 22-24 April as part of ANIMA’s year-long 20th anniversary program. The summit, focused on shaping a shared economic roadmap for the region through 2036, included a dedicated

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The Mediterranean, between talent drain and untapped skills

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The debate on human capital in the Mediterranean is often trapped in a simplistic dilemma. Is it a lack of skills or a failure of the systems? In reality, the picture is much more complex. These two phenomena coexist, but the deeper problem lies in the inability of economies and institutions to make effective use of the already available human

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The Rising Strategic Role of Non Energy Exports from the Persian Gulf: Implications for the Mediterranean Region

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The Persian Gulf is undergoing a profound economic transformation that is reshaping global trade dynamics, and the Mediterranean region is directly affected. As highlighted by Mr. Vassilis Korkidis, President of the Piraeus Chamber of Commerce and Industry, “the non-energy exports of the Persian Gulf constitute another critical factor of instability for the global economy and have become a central pillar

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Middle East instability and its multi‑level economic impact on Greece and the world

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A war in the Middle East always results in serious and multi-level economic impacts, both regionally and globally. Previous generalized war tensions have created shocks in the global economy, as they reduced global GDP from -0.2% to -1%, increased inflation +1% and interest rates, and reduced investment to avoid risk. In the Eurozone, the losses after a month can reach

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The Piraeus emerges as a global maritime hub and Mediterranean cooperation center

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The Piraeus Chamber of Commerce and Industry (PCCI) places investment interest in the wider Piraeus, Lavreotiki, and Western Attica at the center of its development vision, highlighting the strategic importance of the region, as the current year marks a new period of adjustment for the productive and commercial fabric of the wider Piraeus and beyond. This specific time period is

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Europe’s Economic Dilemma: Trapped Between China’s Industry and America’s Tech

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The European economy, according to economic analysts and experts, is trapped between the world’s two largest economies and is unable to finance its own industries that are critical for the future. Europe is being overwhelmed by Chinese industry and American technology and is accelerating its economic decline by exporting its savings. The core of the problem lies in the huge

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European Support for SMEs: Funding Solutions for Real-World Problems

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There are strong objections from at least 13 EU member states to the new seven-year budget proposed by the Commission for the period 2028-2034, which reaches 2 trillion euros. In the College of Commissioners, the objections focus on the difficulties in terms of the EU’s ability to respond to current and future challenges. Also in the competent budget committee of

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