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Wednesday, 4 December 2024
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Athens News Agency: News in English, 05-12-04Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] Sioufas addresses Hellenic British ChamberDevelopment Minister Dimitris Sioufas on Sunday addressed the members of the Hellenic British Chamber of Commerce during a ceremony for awards given to companies, saying that the activities of the Chamber and its business members (that exceed 600) contribute effectively to promoting inter-state business activity and are welcome."During the first eight months in 2005 Greek exports to Britain represent 7.1 percent of the country's total exports, while Greece's imports from Britain approach 4 percent of total Greek imports. In absolute figures, data for 2004 shows that trade exchanges between the two countries, meaning the total sum for imports and exports, neared 3 billion euros," he said. Sioufas further said that with the new development policy "we are shaping a favourable business environment. We are shaping an environment which constitutes a good conduit for the assumption of business risks and which rewards success." The minister pointed out that the government supports the entrepreneurship of the Greek, it is creating terms and conditions to attract direct foreign investments and it is promoting policies which strengthen the competitiveness and extroversion of the economy. Lastly, Sioufas said "we must learn to honour creativity, boldness, effort and struggle. However, we must also learn to facilitate recovery following a possible failure." [02] First Greek-Turkish commercial bank on the horizonAn application to establish the first-ever joint Greek-Turkish commercial bank is expected to be filed with the Bank of Greece this month under the name Aegean Business Bank.According to a business plan unveiled by the venture's investors, the new bank aims to open 26 branches in Greece and Turkey over the next five years, along with its listing on both the Athens and Istanbul stock exchanges. A share capital of 60 million euros is envisioned for the new retail bank. The venture was unveiled in Athens by the president of the Greek-Turkish chamber of commerce, Panayiotis Koutsikos; the representative of the founders' committee, Dimitris Alexopoulos, and the representative of the Izmir Chamber of Commerce, Ali Tuna Turkay. Athens News Agency: News in English Directory - Previous Article - Next Article |
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