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Athens News Agency: News in English, 09-03-03

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Export policy priorities presented

  • [01] Export policy priorities presented

    The priorities of the government‚s export policy was boosting export-orientation of the economy, improving product quality and services and facilitating access to foreign markets, Greek Economy and Finance Minister Yiannis Papathanasiou said on Tuesday.

    Addressing a HELEXPO event to present the 74th Thessaloniki International Fair, Papathanasiou said that Greek exports were successful in the last few years and predicted that exports would grow by an annual rate of 2.4 pct by 2011.

    The Greek minister noted that the government was encouraging private investments with subsidies covering up to 60 pct of the budget and that a total of 5,170 investment projects have been approved so far, worth 9.8 billion euros, creating 27,400 new jobs in the country. He predicted that private investments -excluding homes- would grow by an annual average rate of 4.2 pct in the period 2009-2011.

    Papathanasiou stressed that the government was implementing an integrated plan to maintain the growth dynamism of the economy, supporting employment and lower income earners, while it was also seeking to gradually cut its fiscal deficit.

    Athens News Agency: News in English Directory - Previous Article - Next Article
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