Greek NEWS

Athens Chamber of Commerce: ‘Macedonia’ must belong to Greece for commercial purposes

It must be made absolutely clear that for commercial names, trademarks and brand names, the term ‘Macedonia’ as a geographical indication and product name of origin must be exclusively Greek, the head of the Union of Hellenic Chambers and the Athens Chamber of Commerce and Industry, Constantinos Michalos, said on Monday.

In an interview with the state broadcaster’s ERT1 channel, he made an overall positive assessment of the impact of the agreement signed by Greece and FYROM on the Greek economy, provided its terms were fully upheld and the new name was used erga omnes.

He also noted that the implementation of the agreement between the two will take a long time to fully implement and that Greece must make sure this time is used to best protect its interests.

“As a country, we have to use this time constructively in order to put together an agreement, down to the last detail, that rules out unpleasant surprises at the expense of our country and its business community,” Michalos said.

The issue of commercial and brand names and trademarks used by both Greek and neighbouring country products was crucial for the business community, he added, since major issues were expected to arise following the change in its name.

In the three years provided by the agreement to settle the issue of commercial and brand names, the Greek government must ensure that there is no deleterious change regarding the commercial naming of Greek products, including protected designation of origin (PDO) or protected geographical indication (PGI) products, Michalos noted.

The Greek side should also ensure that its northern neighbours did not copy strong Greek brands linked to Macedonia.

*Source: AMNA

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GCT Team

This article was researched and written by a GCT team member.

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