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Athens News Agency: News in English, 08-09-16
CONTENTS
[01] Greece-U.S. memorandum signed
[01] Greece-U.S. memorandum signed
Development Minister Christos Folias said during the signing of a
cooperation memorandum with the United States Council on
Competitiveness that the administrative burden for entrepreneurship in
Greece must decrease by 25 percent, a percentage which is equal to four
billion euros, and it is one of the government's main targets, adding
that this administrative burden currently stands at 6.8 percent of the
GDP.
Folias, who is also president of the National Competitiveness and
Development Council, and the President of the U.S. Council on
Competitiveness, Deborah L. Wince-Smith, signed on Tuesday a
cooperation memorandum on boosting competitiveness in the framework of
cooperation which is being promoted by the Development ministry's
Special Secretariat on Competitiveness.
Folias noted that the country's position has improved considerably in
the international ranking on competitiveness and pointed out that "it
is very important that we realise that the effort to improve the
competitiveness of the Greek economy is not up to one ministry, but it
is up to the government in its entirety, all the ministries, the
agencies, the employees, the businesses and up to society in general."
Smith said that the memorandum signed is very important, she reminded
that the trip to reach the signing had begun in 2005 and stressed that
"Greece is in my heart and influences the way with which I see things."
She also emphasised that all new successful operations in the United
States start from small and medium-size enterprises and not from huge
ones.
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