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Economy

The 9th Delphi Economic Forum: Navigating the Great Transition

April 27, 2024

DELPHI, GREECE – Gathering luminaries, businesspeople, policymakers, and leaders from across the globe, the 9th Delphi Economic Forum featured four days of intense discourse from April 10th to April 13th at the European Cultural Center of Delphi and Amalia Hotel. With over 1,000 speakers, this year’s forum was a beacon of insight into pressing issues across various industries and fields.

Under the overarching theme of ‘The Great Transition’, the forum delved into topics ranging from climate change and social inequality to geopolitical tensions and technological disruptions. Day one set the stage, focusing on crucial subjects such as the world economy, demographics, and the quest for peace. Day two expanded the dialogue to encompass democracy, energy, shipping, tourism, education, and culture, among others. Finally, day three tackled issues concerning Europe’s growth, investments, health, connectivity, defense, and the future.

In his opening address, President of the Delphi Economic Forum, Symeon G. Tsomokos, underscored the urgency of addressing the multifaceted challenges of our time. He painted a vivid picture of a world in flux, marked by conflicts, technological leaps, and environmental threats, framing the current era as one of transition – a sentiment echoed throughout the forum.

High-profile speakers lent their voices to the conversation. Katerina Sakellaropoulou, President of the Hellenic Republic, emphasized the forum’s significance in navigating turbulent geopolitical waters, noting the importance of European energy independence and solidarity.

Alexandra Papadopoulou, Deputy Minister of Foreign Affairs for the Hellenic Republic, outlined Greece’s strategic importance amid shifting global dynamics, emphasizing the country’s commitment to democratic values and proactive international engagement.

Ivo H. Daalder, CEO of the Chicago Council on Global Affairs, praised Greece’s role as a key ally to the US and emphasized the importance of quiet diplomacy in promoting peace in the region.

Endy Zemenides, Executive Director of the Hellenic American Leadership Council, emphasized Greece’s evolving regional role and its strengthened alliance with the US. He also pointed to the importance of diplomatic subtlety in managing international relations, particularly regarding Greek-Turkish issues, emphasizing the role of the U.S. in facilitating quiet diplomacy due to its influential stance.

Stefanos Kasselakis, President of SYRIZA-Progressive Alliance, addressed the internal dynamics of his party, acknowledging longstanding divisions, but emphasizing their relative insignificance. He expressed optimism for the upcoming European elections, highlighting the importance of two key parameters for growth: the prevalence of the rule of law and the regulation of open markets.

Former Prime Minister of Greece Alexis Tsipras provided insights into European politics and the Greek economy, urging for a robust opposition and expressing cautious optimism about the country’s economic future.

Former Prime Minister of Greece Alexis Tsipras was one of the featured speakers at the The 9th Delphi Economic Forum. (Photo by Eurokinissi)

George Papandreou, former Prime Minister of Greece, emphasized the necessity of collective action and the limitations of unilateral approaches. He rejected the notion of isolationism, stating: “You cannot take back control alone, you can take back control together. America will not become great again alone. The idea that ‘we are the strong, kick out immigrants’ will not work.’”

Prokopis Pavlopoulos, former President of the Hellenic Republic, criticized the delayed institutional response to the looming climate crisis, noting that Europe, while having a significant role to play, lacks the decisive leadership needed to establish its policies as a global benchmark.

As the forum drew to a close after four days of intense deliberation, the message was clear: the Great Transition is underway, and collaboration and innovation are paramount to navigating its challenges successfully. As delegates departed from Delphi, they carried with them a renewed sense of urgency and purpose.

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