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2 clusters · 9 sources · 3 days · First seen · Last updated

Greek higher education development and economic impact

Overview

A study by Eurobank’s Economic Research and Analysis Unit indicates that upgrading the quality of Greek higher education could increase the nation's long-term GDP by between 10.8% and 12.7%. The report, titled ‘Higher Education in Greece: Dimensions, Challenges and Potential Contribution to Growth,’ notes that while Greece has the highest participation rate of 20-year-olds in universities within the EU-27 at 55.7%, the system faces challenges regarding skill quality and labor market integration.

Following these economic projections, the Greek Minister of Education, Religious Affairs and Sports, Sofia Zacharaki, announced a strategic initiative to transform Greece into a regional educational hub. This plan involves upgrading university infrastructure, enhancing student welfare, and increasing the internationalization of higher education institutions. Specific measures include increasing student housing allowances—which rose from 41 million euros in 2019 to 90 million euros—and modernizing curricula to attract more international students.

Entities

Eurobank · New Democracy · Tasos Anastassatos · Sofia Voultepsi · Sofia Zacharaki

Timeline

  1. 7 days ago

    [POLITICS] 2 sources
    Greece aims to become a regional education hub through university investments

    Greek Education Minister Sofia Zacharaki announced plans to turn Greece into a regional education hub through infrastructure upgrades, increased student housing allowances, and expanded university programs.

  2. 10 days ago

    [BUSINESS] 8 sources
    Eurobank study: Greek university upgrades could boost GDP by 12.7%

    A Eurobank study indicates that upgrading Greek higher education to international research standards could increase long-term GDP by up to 12.7% through enhanced productivity and innovation.

Sources

alfavita.gr · businessdaily.gr · capital.gr · dete.gr · ipaidia.gr · lykavitos.gr · neaptolemaidas.gr · ot.gr · sofokleousin.gr