Word: fivefold
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...potential for future investment--in tourism and renewable energy, in particular--is certainly promising. Wind-energy generation alone is expected to increase fivefold in the next decade. By the end of this year, the number of wind turbines is expected to go up 150%, to nearly 2,600, from just over 1,000. "The new Greek government seems determined to push the green economy and is taking measures in the right direction," says George Peristeris, executive chairman of GEK TERNA Group, one of Greece's largest construction and energy companies. "But changes must be radical and drastic if Greece wants...
...investors navigate the bureaucracy associated with setting up shop. "We must transform Greece into a welcome place to do business," says Eurobank's deputy CEO Nikolaos Karamouzis. The potential for future investment - in tourism and renewable energy in particular - is promising. Wind-energy generation alone is expected to increase fivefold in the next decade. "The new Greek government seems determined to push the 'green economy' and is taking measures in the right direction," says George Peristeris, executive chairman of GEK TERNA Group, one of Greece's largest construction and energy companies. "But changes must be radical and drastic if Greece...
This break in an almost century-old pattern coincided with great increases in occupational earnings differentials, which have continued to grow, seemingly exponentially. It seems quaint, if not unfathomable, that just three decades ago the differentials that then existed—generally two- to fivefold in earnings between business leaders and doctors and lawyers, or five- to tenfold with professors, scientists, and public servants—were often rationalized by the country’s highest-ranking graduates as reasonable additional compensation to balance the lower standing of business jobs among their peers...
...fast-growing country's huge appetite for electricity is behind the push. While China's total power capacity will nearly double by 2020, the amount that could come from wind and solar is expected to jump more than fivefold, aided by significant government assistance. Beijing announced in March it will subsidize 50% of costs for certain solar-panel projects, and 70% in remote regions. (See pictures of the new ways to boost energy efficiency...
...Semyonovskaya Painting, a top Russian handicraft maker. Korotkov's company, which is based in the Nizhny Novgorod region of central Russia, seemed to be weathering the storm until the financial crisis finally struck him and his 70 employees around the end of January. Orders from within Russia have fallen fivefold, he says, while combined foreign and domestic sales have fallen 30% to 40% this year. "Our sales were supported through the end of the year just on inertia," he says, adding that he doesn't believe that the government's attempt to bail out Russia's handicrafts industry will work...