Greek economy
Greek government drafts legislation to improve thw climate for more investments
The Greek economy ministry has drafted a series of legislative measures aimed at improving the regulatory framework for investors, based on the experience of two rounds of operation of a Development Law.
The Greek economy is in a state of complete stagnation, claims ND’s Christos Staikouras
The decline of competitiveness, rising debt, the shrinking of the free economy, and the failure of deposits to return to banks prove the stagnation of the economy, New Democracy (ND) shadow finance minister Christos Staikouras said on Thursday, presenting an eight-point list of government failures.
Decisions on fiscal space now taken by Greece and its European partners, says the IMF
Decisions on the use of Greece’s fiscal space are now taken by the Greek government and the country’s European partners since the International Monetary Fund (IMF) no longer has a Greek programme, IMF spokesman Gerry Rice said during the regular press briefing here on Thursday.
ND president Kyriakos Mitsotakis invites Arab entrepreneurs to invest in Greece
The prolonged pre-election period that Greece has already entered is harming the country, main opposition New Democracy (ND) leader Kyriakos Mitsotakis said on Tuesday, addressing the 3rd Euro-Arab Summit held in Athens. He estimated that general elections should be held as soon as possible and appealed to Arab entrepreneurs to take advantage of the investment […]
“Greece is on a course of dynamic recovery”, declares prime minister Alexis Tsipras
Prime Minister and SYRIZA leader Alexis Tsipras addressed a SYRIZA parliamentary group meeting on Tuesday, clarifying that this is exclusively focused on the party’s proposal for revising the Constitution, as well as being the first meeting of SYRIZA’s MPs after August 21 and the country’s exit from the programme.
Greece ranks first for investments backed by Juncker Plan relative to GDP, says commissioner Katainen
Greece ranks first among EU countries in terms of the investments triggered relative to its GDP through the European Fund for Strategic Investments (EFSI), European Commission Vice President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen said on Thursday.
“Greece has no urgent need to return to markets, can wait for 2 more years” says Klaus Regling
Greece has no urgent need to return to markets and can wait for two years, Klaus Regling, Managing Director of the European Stability Mechanism said on Tuesday.
Greece will access markets steadily and gradually, says fromer Eurogroup president Dijsselbloem
Greece will access markets gradually more and more, while “markets will want to know whether Greece can maintain a solid economic and financial course,” former Eurogroup President Jeroen Dijsselbloem told the Athens-Macedonian News Agency (ANA) in an interview prior to attending the presentation of his book’s Greek edition in Athens on Tuesday.
“I will equally protect Greece’s exit from crisis and the Prespes Agreement” says PM Alexis Tsipras
Greek Prime Minister Alexis Tsipras on Friday underlined his government’s determination to press ahead with a successful and permanent exit from the economic crisis, as well as a successful conclusion and ratification of the Prespes Agreement in the Greek Parliament.
“Greece is on the right track, but the reforms must go on” says ESM’s chief director Klaus Regling
Greece is on the right track, but must keep carrying out reforms to improve growth potential and investor confidence, European Stability Mechanism (ESM) Managing Director Klaus Regling said on Wednesday evening in Brussels.