SMEs can play central role in the growth and reform of the Greek economy through the creation of new jobs




“Greek small and medium-sized enterprises (SMEs) can play a central role in the growth and reform of the Greek economy through the creation of new jobs,” economic analysts, representatives of chambers and organizations said in statements to the Athens-Macedonian News Agency (ANA) on Saturday.

  • The role of small and medium-sized enterprises can be decisive in the achievement of sustainable high growth rates, which is the main demand after many years of economic crisis. This is because SMEs are an important pillar of entrepreneurship and the economy, at both European and national levels, with rates ranging between 99.8 pct and 99.9 pct.

They cover the entire range of productive activities and industries, have special potential but also particular concerns. One of the biggest challenges for the development of small and medium-sized enterprises is their access to finance, which was the main problems during the crisis due to the situation of the banking system.

Banks: “Today we are ready with sufficient liquidity and organizational infrastructure”

Nowadays, the Greek banking system is ready to contribute with all its strength to the financing of the economy and especially of small and medium-sized enterprises, as banking officials stress. Banks have liquidity, organizational infrastructure, trained human resources, and are ready to provide funding to all viable business plans, they added.

Source: ANA-MPA 

Eurogroup’s decision another step for a Greek success story, Pierre Moscovici says

 

Hellasjournal - Newsletter


%d bloggers like this: