Building a Sustainable Future: The European Union’s Economic Reforms and Growth Strategies

In a recent interview with Corpradar, Ms. Lena Kyropolous, a renowned Journalist & reporter BCI MEDIA & POLITIS PRESS & LAFIACOLLA , provided a comprehensive overview of EU economic reforms and the imperative of sustainable growth for the future. 

With a focus on balancing economic development with environmental stewardship, she emphasized the need for proactive policies that promote green investments, innovation, and job creation. Kyropolous’s insightful remarks shed light on the potential of sustainable growth to not only drive economic prosperity but also address pressing environmental challenges and cross-culture relations between EU and India. 


1. COVID19 and the war between Ukraine and Russia has stumbled the global economy. How is the European Union taking action towards new economic reforms in order to attract foreign investments? Can you share some of the new economic policies of the EU that can actually put a light on foreign investors? Also, can you share the industries that can take leverage out of it? 

This war, among Russia and Ukraine has changed the general pan- European energy and economical map and caused new energy alliances. Cohesion Policy is the EU’s main investment policy related to 2021-2027 Green sustainable goals and targets that all regions and cities in the European Union they have to accomplish. This will take place in order to support job creation, business competitiveness, New soft Skills to empower the equal economic growth, the sustainable development, and improve citizens’ quality of life. € 392 billion are available for this in the following sectors: – social and economic development, – environment and transport in the less prosperous EU countries – Use of Green Hydrogen and magnetic and electricity cars transportation – jobs support in aim to create a fair and socially inclusive society in EU countries. -The Just Transition Fund (JTF) to support the regions most affected by the transition towards climate neutrality.

 2. Energy scarcity has deteriorated the EU stability and sparked populist anti-EU rhetoric to discredit the unions collective efforts. The war-caused energy supply crunch will pose a huge problem ahead and the challenge currently aligned with inflation has triggered an economic downturn across Europe which led to serious socio-economic ramification. To avoid any such crisis; how is the EU government taking sustainable actions towards long term growth and for the betterment of the citizens? 

You are absolutely right, but EU has already announced financing tools for the enterprises and has already accomplished the first round in very important developing projects that are related in 4 pillars such us Responsible Information about the Green Transition, the big challenge of the climate change, eco- friendly mindset and good practices to become more smart in normal recycling methodology and in e- recycling and the zero waste management we have to adopt in our daily life like individuals and entrepreneur’s. There is also the Indirect funding, managed by national and regional authorities, comprises almost 80% of the EU budget and is mainly provided through the Big 5 Funds, the European Structural and Investment Funds. These Funds are the following: European Regional Development Fund – regional and urban development European Social Fund – social inclusion and good governance Cohesion Fund – economic convergence of less developed regions European Agricultural Fund for Rural Development European Maritime and Fisheries Fund 

3. What actions have been taken by the EU government to tackle climate change and safeguard its member countries against its potential impact?

EU since the establishment of the 17 UN rules for sustainability Is working in a stabile way to this direction. New terminology as scope, bioeconomy, blue economy, circular economy, generating economy they saw it up to demonstrate the big challenge that our planet is going to overtake, the climate change. We have to act now, to not regret it later. In December 2019, the European Commission announced the European Green Deal as the strategy through which to achieve EU climate neutrality by 2050. EU leaders welcomed this Commission initiative, endorsing the 2050 objective of a climate-neutral EU. The goal is that while tackling the existential threat of climate change, the EU will pursue economic growth in ways which create better jobs and enhance people’s well-being. 

The Green Deal includes measures such as: investing in environmentally-friendly technologies supporting innovation helping the development of cleaner forms of transport decarbonizing the energy sector ensuring buildings become more energy efficient working internationally to improve standards around the world My job is related to Green Transition threw several European Projects and me like A Communication Project Manager, I have this experience because of the multi culture exchange and how differentials approach we face among the related country partners. An e.g. you can see in the following article I have wrote about GREENLAND and the synergy of 7 countries to collaborate together in aim to educated NEETs in the Green Soft skills and to strive bridges among them and the real work market. 

4. In light of the EU’s multicultural and multilingual economy, what approaches can be taken to streamline communication processes for foreign businesses, thus enabling them to participate more actively? 

The ENP was launched in 2004 to foster stability, security and prosperity in the EU’s neighboring regions, both in the South and in the East. In 2015, the High Representative and the European Commission adopted the ENP Review, which brought a change to the cooperation framework and proposed ways to build more effective partnerships in the neighborhood. Like I have already mentioned I am working in this is an Institute that has already established 40 European Programs in Regional Frame work collaboration. The ENP builds on the commitment of the EU and its neighbors to work together on key priority areas. This partnership is based on shared values, the promotion of democracy, rule of law, respect for human rights and social cohesion. 

The reviewed ENP also adds 3 joint priorities for cooperation: 

1.  Economic development for stabilization; 2.  Security; 3. Migration and mobility. 

5. In what ways do you think these cultural traditions can be utilized to promote economic growth and development in Greece? What role do you see for the Indian diaspora in Greece in promoting stronger ties between the two countries? 

I think India and Greek Diaspora they have to get informed for the running projects that concerns the collaboration of the two countries. 

As far I have red Greece and India they have many similarities. Like the General Secretary of Ecumenical Delphic Union, and the General Secretary of the I would like to say that these 2 countries they have big capacity. At the moment is also open another European Program called, FAME ROAD… That was an Interreg among Greece & Italy …you can see more here: so that could be the basis for international level synergies. 

The program is based in 4 pillars: Food, Art, Move and Energy. Imagine how many culinary authentic traditional dishes you have to saw by your side in India to the world and on the other hand how many us as Greeks. We could organize a Food binational Festival let’s say…we are planning with the President of Ecumenical Delphic Union, former Mayor of Delphi Mr. Panagiotis Kaltsis, the Mayor of Delphi Mr. Panagiotis Tagkalis and ofcourse the Founder of The Modern Pythian Games, Mr. Goel Bijender a very energetic agenda for common actions in India and in Greece as well. I would like also to mention Ms Zoie Lafis from the Hellenic Department of Harvard Edu and also the Isadora Duncan Institute that is with us and plenty many other associations, academicians, artisans and creative people in over 94 countries so far…So this is a live network and has the characteristics of a high tec organism. 

You will see in the future. Despite that, as you know so far, I belong to and and to the big media platform which is located in Canada, So can organize work shop together, about several topics that we face in our daily life. 

No body is speaking about happiness for example, how do you approach this in India, or the disinformation, or the bulling, or the criminality, or the sex harassment, or the children trafficking, or the beautiful customs you have in India, from traditional uniforms to music instruments now also GTP 4, Alle 6 are showed up and suddenly when we will go the new quanta system everything that we define as reality today will be a new world to us. For sure we can do a lot of things, but first we have to come closer as human being’s and then to understand our capacity for common collaboration and development. 

6. Given the deeply entrenched cultural traditions within the EU, how can both the European Union and its member states prioritize gender equality and diversity inclusion in their post-pandemic reconstruction plans, particularly given the amplified structural challenges faced by women and minority groups?

EU has already established the Gender Equality Strategy 2020-2025 which is based in Eu value of charts for equal human rights. Is very difficult to accept you but I should respect you. Is not only a matter of Diversity issue, but of Uniqueness. Each one of us If I could say it in a metaphorical way is a rainbow beam… and it represent a color, so alone the color is nothing, but in a synthesis is the whole rainbow. 

We can become stronger together and to focus on everything can make us brighter, to have more wisdom, solidarity, respect and real friend ship. We are not enemy. The EU Gender Equality Strategy delivers an ethical commitment to focus in a European Union of Equality. The Strategy presents policy objectives and actions to make significant progress by 2025 towards a gender-equal Europe. The goal is a Union where women and men, girls and boys, in all their diversity, are free to pursue their chosen path in life, have equal opportunities to thrive, and can equally participate in and lead our European society. The key objectives are ending gender-based violence; challenging gender stereotypes; closing gender gaps in the labor market; achieving equal participation across different sectors of the economy; addressing the gender pay and pension gaps; closing the gender care gap and achieving gender balance in decision-making and in politics. The Strategy pursues a dual approach of gender mainstreaming combined with targeted actions, and intersectionality is a horizontal principle for its implementation.

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