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The purpose of this paper is to analyze the competitiveness of the Greek virgin olive oil in the main destination markets (German, Italian, UK and US market).

In order to achieve the aim, in the first stage the Revealed Comparative Advantage (RCA₂) Index was employed showing that Greek virgin olive oil has a comparative advantage over the other suppliers (mainly Italy and Spain) in the markets under examination. In the second stage, the estimations of an import demand system for each market were estimated.

Results demonstrate clearly the competitive advantage of Greek virgin olive oil in the German market but not so clear in the rest of the markets. A strategic shift to export high-quality branded virgin olive oil instead of bulk seems necessity, in order the Greek virgin olive oil to dominate to the international markets.

Though there are similar works, especially for Spanish olive oil, there is no analogous research work for the Greek olive oil.

The purpose of this paper is to present measures and policies followed during the Greek fiscal crisis to safeguard financial stability.

Greece since 2009 was subjected to the Excessive Deficit Procedure and a government debt crisis due to the arrival of the global economic crisis leading to a major economic and banking crisis. Two huge bailout loans and programs helped Greece avoid default. However the second bailout loan and participation of banks in the Private Sector Involvement caused losses to the banking system that amounted to €37.7 billion. To deal with the prospect of potential bank failure Bank of Greece the central bank in cooperation with national and international authorities developed many strategies to safeguard financial stability such as cash management and liquidity operations establishment and operation of Greek Financial Stability Fund (GFSF) institutional framework for recapitalization and resolution of credit institutions.

The first step was to support bank liquidity pressures. In the face of these pressures the Eurosystem’s monetary policy operations provided lending to euro that ended 2010 and accounted to €97.6 billion. The second step was to establish a legal and regulatory framework for bank resolution and assess funds needed to recapitalize banks through stress tests and diagnostic assessments. Results showed that during 2012–2014 the Greek banking sector would require approximately €40.5 billion for strengthening its capital base of which €27.5 billion corresponded to the four “core banks”. Bank of Greece and GFSF managed to complete a €48.2 billion bank recapitalization in June 2013 of which the first €24.4 billion was injected into the four biggest Greek banks. In return Bank of Greece received a number of shares in those banks which it can now sell again during the upcoming years. The third step of policies was to implement resolution and restructuring measures. From October 2011 to March 2014 12 banks resolved through the new legal and regulatory framework under either a transfer order (order to transfer assets and liabilities to a transferee credit institution) or establishment of a bridge bank. All policies succeeded to safeguard Greek financial stability and restore bank losses that resulted from Greek public debt “haircut”.

To the best of the author’s knowledge this is the first paper examining this issue.

The aim of this paper is to present a review of the developments in the Greek construction sector since the year 2000.

The Greek construction sector – one of the most dynamic sectors of the Greek economy – grew quite strongly over the last decade. The paper follows a rather more descriptive approach to examine and analyse the factors that significantly boosted construction activity in Greece since the year 2000. It also studies and critically analyses the extent to which the Greek macro‐environment (legal‐political, economic, socio‐cultural, technological and demographic), as part of a broader nexus of domestic and global dynamics, affects construction companies.

The results indicate that the domestic and global macro‐environment have a substantial effect to the market participants in the Greek construction sector. The ability of the Greek construction companies to deal with, and in some cases take advantage of, the constantly changing domestic and global macro‐environment is expected to crucially affect their future viability and success.

This analysis of the Greek construction sector should be useful for industry professionals, policy‐makers and real estate lenders.

To the best of the authors’ knowledge, none of the existing studies in this area provides systematic treatment of the state of the macro‐environment as a contributory factor in explaining the performance of the Greek construction companies. The authors believe that this issue is an important one, especially in the case of industries such as construction, which is prone to cyclical activity.

The purpose of this research project is to explore the impact of open access initiatives on biomedical research scientific publishing and scholarly communication in Greece.

The paper presents the preliminary findings from a longitudinal study that uses bibliometrics, questionnaire surveys and interviews to examine knowledge, awareness and attitudes towards open access.

Open access models vary considerably. The bibliometric research indicates that Greek biomedical publication is increasing, but that coverage of Greek medical journals in databases such as MEDLINE is decreasing. The picture is mixed with some evidence of open access journals (published in English) from Greek publishing bases. Awareness of open access among Greek biomedical scientists in date was comparatively low (58 per cent aware, n=70).

Several Greek medical journals are published in English, and it is difficult to track the authorship for Greek researchers publishing in English language journals published elsewhere. Findings are preliminary as this is a longitudinal survey.

Open access initiatives may privilege researchers from the English speaking world – or those in low income countries. Researchers from countries not in those categories may face unrecognised disadvantages in making their research visible.

This is the only study of Greek biomedical publishing, and comparisons are being made with similar studies of Spanish biomedical publishing.

This paper seeks to explore the Greek National Business System (NBS) in terms of management practices, organizational culture and public administration. Moreover, the need for modernization is analyzed with focus on total quality management (TQM) as the major issue on this agenda.

This study utilizes a critical literature review approach to draw together and conceptualize the modernization agenda of the Greek NBS.

This paper supports the idea that there is a need to put promising management practices into the context of the Greek national business system and to study not only the market situation, the industrial relations history and the HR practices used, but also how these practices are understood and used by managers and employees who work in different employment sectors.

The findings of this study may have a broader impact as Greece attempts to redefine itself as a hub for South‐East Europe.

Since most academic studies concerning the application of promising management strategies like TQM have been conducted in Anglo‐Saxon countries, there is a need to remove the blinkers and explore these management initiatives in the context of other than Anglo‐Saxon NBSs.

This paper aims to examine three of the major issues relating to the welfare of seafarers, including wages, social security benefits and onboard and ashore welfare facilities and services. It is impossible to research all countries here, so this paper selects Greece – which is one of today’s primary shipping countries as for shipowning, as well as for global supply and demand for seafarers – to conduct an empirical case study.

Based on the existing knowledge and scholarship, and primary data collected in several phases of fieldwork, this paper intends to critically examine three major issues relating to the welfare for Greek seafarers, namely, wages, social security benefits and onboard and ashore welfare facilities and services.

This paper finds that they face poor labour conditions, which are getting worse due to the depressed world and Greek economies and intense financial pressures on shipping companies. The entry into force of the Maritime Labour Convention 2006 has a significant impact on the world maritime industry.

This paper critically examines the three major issues relating to the welfare of Greek seafarers.

Such issues, which Greece is facing are also common in other countries, so the findings and suggestions revealed from this paper are of importance for the global shipping industry and other states.

The aim of the paper is to present a review of the fiscal imbalances and debt crisis in Greece and identify the possible links with the recent developments in the Greek property market.

The author follows a non-technical approach to discuss a number of factors that have contributed to the fiscal crisis that Greece has been experiencing since October 2009. The author critically analyses both the “internal” causes of the deteriorating fiscal stance of the Greek economy (that is the prolonged macroeconomic imbalances that the Greek economy faces and the credibility problem of macroeconomic policy) and the “external” factors that might have contributed to the Greek fiscal crisis (that is implications of the recent financial turmoil and the timing of the response of Europe to the Greek fiscal crisis). The author then studies the extent to which fiscal imbalances and the debt crisis have affected the Greek property sector.

The analysis indicates that the current fiscal stance of the Greek economy and the Greek property market crisis are intertwined.

The author believes that these results are useful, make a contribution to the existing knowledge and provide some evidence that current economic recession has a considerable adverse effect on the property sector in Greece.

One of the distinctive features of the paper is to critically discuss the direct and indirect effects of the prolonged macroeconomic imbalances on the Greek property sector. To the best of the author's knowledge, none of the existing studies in this area provides systematic treatment of the Greek fiscal crisis as a contributory factor in explaining the current crisis in the Greek property market.

Papandreou and the Pan‐Hellenic Socialist Movement (PASOK) are committed to bring about change in Greek society, but they must decide how much change, and how quickly that can be accomplished without hindering the party's chances for electoral victory. Data drawn from two separate surveys covering, respectively, relevance of three types of issues (foreign policy, civil liberties and economic policy) on the voting of Greeks, and Greek attitudes towards EEC membership/unification of Western Europe, suggest that the leftist parties in Greece are supported in large part by those who do not favour strong ties with the West. The influence of the US inside Greece cannot be easily limited, and successful pursuit of an interdependent and multidimensional foreign policy, limiting Greece's dependence on the West (especially the USA) is not easy to achieve. Papandreou faces problems from the right, who do not favour his measures of change, and from the extreme left, who feel he is reneging on promises; he needs to maintain his electoral support while at the same time trying to limit international conflict.

This paper aims to demonstrate how participatory design methodologies can be used for the design of interactive learning tools for children.

This paper presents the methodology employed for the design of a multimedia tool for teaching Greek to young children aged 6 to 12. The preliminary data collection included interviews, questionnaires and observations, whereas the actual design of the tool was carried out using a Participatory Design methodology which advocates a design approach that focuses on the intended user of the service or product, emphasising the active involvement of users throughout the design process.

The paper provides detailed information from each of the data collection techniques used. It also highlights the successes and difficulties in implementing participatory design in an e‐learning context.

Although participatory design has been used in the design of other systems, it is rarely used as the design framework of learning applications. So the paper expands one's knowledge of implementing participatory design methodologies in learning.

This paper aims to analyse the legal framework of reincorporations and subsequent change of applicable law in Greece and Cyprus. A comparison between Greek Law and Cyprus Law is drawn. This paper highlights possible required reforms. Cyprus has a quite detailed legal framework of voluntary inbound and outbound reincorporations. While Greece has certain provisions on outbound reincorporations, it does not have any provisions on inbound reincorporations. The compatibility of these national provisions with internal market rules, as interpreted by the case law of the Court of Justice of the EU (CJEU), is discussed.

This paper follows a comparative approach. After a careful analysis of each national legal framework, a comparison between Greek law and Cyprus law follows. This paper also follows an EU law approach.

These two jurisdictions present some differences. Cyprus adopting the incorporation theory has a detailed, sophisticated and flexible legal framework of reincorporations. Although Greece adopting the real seat theory has some special provisions for outbound reincorporations, there are no specific provisions for inbound reincorporations. Inbound reincorporations are possible under Greek law, but the absence of detailed provisions is against legal certainty. Cyprus law on reincorporations could be used as an example for Greek legislature. However, possible EU harmonisation of seat transfers is expected to have an immense impact on national provisions for reincorporations.

Reincorporations constitute a significant corporate restructuring technique with important practical implications on the economy. Apart from academics, this paper attracts the interest of lawyers, managers, accountants, officers of supervisory and regulatory bodies and policymakers engaged with reincorporations.

This is one of the few academic papers comparing Greek and Cyprus company law and private international law. It is the first paper that compares the Greek and Cyprus legal framework of reincorporations.