Visit the Macedonian Press Agency (MPA) Archive A)? GHT="50">
Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Tuesday, 25 February 2020
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  World Press
  News Archives
Web Sites
  Interesting Nodes
  Special Topics
  Treaties, Conventions
  U.S. Agencies
  Cyprus Problem
  Personal NewsPaper
  Greek Fonts

Athens News Agency: News in English, 07-01-26

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

From: The Athens News Agency at <>


  • [01] Finmin says reform aiding investment

  • [01] Finmin says reform aiding investment

    Finance Minister George Alogoskoufis said on Friday that the government's economic reform drive had led to a major rise in investment from abroad.

    "The Greek economy is becoming more dynamic and outward-looking, and friendlier to investment, thanks to a reform programme being implemented by the government," Alogoskoufis told a conference in London arranged by the Hellenic-British Chamber of Commerce.

    "The result has been a spectacular increase in foreign investment to 4.0 billion euros in January-November 2006," he noted.

    The aim was to show investors from abroad that Greece could also be used as a springboard for operations in southeastern Europe.

    "Greece is the de facto economic and business centre in southeastern Europe and the eastern Mediterranean. It has become the local spur to progress and growth in a region of 250 million inhabitants," the minister stated.

    "Greek firms have strengthened their position in the region, becoming larger and more consistent and ambitious," he said.

    Alogoskoufis laid particular emphasis on the government's tax reform drive, which has lowered corporate tax brackets by 10 percentage points to 25% from 35% from 2005 to 2007.

    Another key speaker at the conference on Greece as a strategic partner in the region was Deputy Foreign Minister Euripides Stylianidis, who handles economic diplomacy.

    "Employing economic and energy diplomacy as tools, Greek foreign policy is seeking to make Greece an operational centre for investment in the wider region of southeast European, Black Sea and eastern Mediterranean," Stylianidis reported.

    "We have been working at this with success, which shows in exports and investment in those countries. At the same time, we have managed to make Greece an energy producing and transit centre," he stated.

    The head of the Greek National Tourism Organisation, Dimitris Lambadarios, outlined changes in the law and measures introduced by the tourism ministry to improve Greece's tourism product.

    A key aim was to make Greece an all-year travel destination, he said.

    The conference was held under the aegis of the British ambassador in Athens, Simon Gass.

    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Friday, 26 January 2007 - 19:30:13 UTC