Page 37 - COMPASS - COMPETITIVENESS REPORT 2022 - COUNCIL OF COMPETITIVENESS IN GREECE

“COMPASS” REPORT 2022 – COUNCIL ON COMPETITIVENESS OF GREECE 35

Resources and
Infrastructure

In the past year, the world economy has been faced with
soaring inflation resulting from a prolonged period of very
low or negative interest rates and heavy borrowing, due
to supply chain disruptions as a result of the pandemic.
Accelerated by the war in Ukraine, rising inflation impacted
interest rates, slowing consumption and decreasing compa-
ny profitability. Greek businesses were forced to find ways
to adapt to the new, more challenging circumstances and
preserve their resilience.

A number of financing tools and investments contributed
to this end; among these are investments in energy and
transport infrastructure, as well as in sustainability and in
connectivity infrastructure, including projects to ensure 5G
readiness and to install fibre optic infrastructure in buildings
and public agencies.

POSITION
SUB-PILLAR INDICATOR – SOURCE PERFORMANCE
CHANGE

Environmental performance - GII 25/127 0
Environmental performance - GTCI 25/134 -3
COMPARATIVELY
ENVIRONMENTAL ISO 14001 environmental certificates/bn GDP - GII 21/132 0 u GOOD
SUSTAINABILITY Environment-related technologies - EIS 13/38 +6
PERFORMANCE
Implementation of sustainable products on SMEs - EΙΙ 16/27 0
Implementation of resource efficiency actions on SMEs ΕΙΙ 21/27 0

5G Readiness - DESI 3/27 N/A
CONNECTIVITY Ultrafast broadband coverage - DESI 27/27 0 LOW
INFRASTRUCTURE Fast broadband take-up - DESI 27/27 +1 u PERFORMANCE
Fixed broadband take-up % of households - DESI 13/27 +2
HEALTH AND
Health expenditure and financing LOW
WELFARE u
(Current expenditure on health, share of GDP) - OECD 23/38 0 PERFORMANCE
INFRASTRUCTURE