Greek Business Faces High Costs and Supply Chain Shifts Amid Development Discussion

Athanasios Petmezas, founder of cosmetics company Epidermia, suggested that Greece could follow a development path similar to South Korea if a collective strategy were in place. Petmezas also detailed that businesses in Greece face challenges including high operating and energy costs, inflationary pressures on raw materials, and bureaucratic hurdles.

Petmezas explained that international upheaval is forcing companies to change shipping routes and supply lines to avoid volatile regions. This shift is causing transport and operating costs to soar, requiring strategic partnerships to ensure uninterrupted production.