Economy
Kozani has been a prosperous area in the course of its history. Its merchants are known to have dominated the commerce of the Balkan peninsula, expanding their trade activities to the north and along the Danube. Kozani nowadays is still among the most prosperous areas of the Greek province, but for a different reason, its rich mining industry. Kozani produces lignite, which is the main source of the electric power produced in Greece, nitrous salts which are processed into fertilizers, and chromium. There was also an asbestos mine that remained operational until the mid-1990s, which has now ceased its operation. In the regional unit of Kozani there is also the artificial lake and hydroelectric dam of Polyfytos, which further contributes to the electricity production of Greece. The region's vast industrial advancement in a short period of time has raised environmentalist concerns.
Read more about this topic: Kozani (regional Unit)
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)