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Athens Macedonian News Agency: News in English, 15-12-04

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

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Bank of Greece sets two preconditions for return to recovery
  • [02] Dep. FM Mardas underlines perspectives for Koreans to invest in Greece

  • [01] Bank of Greece sets two preconditions for return to recovery

    Bank of Greece governor Yannis Stournaras set two preconditions for the return of the economy to normality and then to recovery in the bank's interim report on monetary policy submitted to Parliament on Friday.

    The first precondition is the implementation of an agreement reached between the Greek government and the country's partners. The central banker called on the government to take all necessary initiatives, beyond the provisions of the agreement, to improve economic and investment climate by exploiting the positive momentum created from attracting private capital for the recapitalization of systemic banks.

    A second precondition is the support of the Greek Parliament to an adjustment effort and the rescue of the Greek economy. "It is self-evident that the Parliament must contribute to the completion of the legislative work to implement the agreement, since the biggest part of adjustment has been achieved since 2010 and only a small part remains to be done," the central banker said.

    [02] Dep. FM Mardas underlines perspectives for Koreans to invest in Greece

    Deputy Foreign Minister Dimitris Mardas on Friday called on Korean enterpreneurs to invest in Greece.

    Mardas was speaking at the 2015 Greek-Korean business forum held at the Evgenidio Institute in Athens. Addressing Korean businessmen, Mardas underlined that Greece has made structural reforms, a fact that makes it very attractive to foreign investments. The shipping sector, said Mardas, constitutes a privileged field for cooperation. Indicative of the sector's dynamic is that 25 percent of the total orders for shipbuilding is made by Greek shipowners.

    He also focused on the infrastructure sector (ports, airports, marinas) where the Koreans can also invest.


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