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Athens Macedonian News Agency: News in English, 12-04-24
CONTENTS
[01] PM discusses transition to export-based growth model
[02] BoG: 5pct recession and over 19pct unemployment in 2012
[01] PM discusses transition to export-based growth model
AMNA--Prime Minister Lucas Papademos on Monday met the president of
the Hellenic Association of Exporters Christina Sakellaridis in order
to discuss ways to make the transition from so-called "opportunist"
exports imposed by necessity to a viable, modern export-based growth
model for the country.
Leaving the meeting, Sakellaridis said that the premier's conviction
about the need to establish a stable business framework - in terms of the
tax system, greater liquidity for the market and by lifting bureaucratic
obstacles - was a "factor for optimism".amna
She stressed that the continued rise in Greek exports was an issue of
national importance and that the implementation of a consistent national
export-based strategy "the basis of a national consensual growth policy".
[02] BoG: 5pct recession and over 19pct unemployment in 2012
AMNA--The central Bank of Greece (BoG) on Tuesday released its 2012
annual report on the Greek economy, which predicts recession at nearly
5 percent and unemployment above 19 percent for the year 2012.amna
Unveiling the report, BoG chief George Provopoulos said that the choice
between a painful effort to restructure the Greek economy inside the euro,
and an irregular retreat that would take the country back decades "still
remains today, two years after the first Memorandum", and warned that
if after the May 6 general elections the new government's and society's
determination to implement the programme is put in doubt, the country
would be at risk of sinking quickly into a very adverse situation.amna
The Bank of Greece governor said that the objective conditions in Greece
have improved, but the exit from the crisis will depend on Greece's
ability to deal with the historic challenge it faces today, and warned
that uncertainty remains high as the pre-elections period has slowed
down the materialisation of the planned changes.
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