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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)