HHaarrddoouuvveelliiss:: ““IInnvveessttoorrss’’ bbeett oonn GGrreeeeccee wwiillll ssuucccceeeedd””
Finance Minister Gikas Hardouvelis highlighted the importance and positive prospects of foreign investments in Greece, in an interview with the U.S. broadcaster t CNBC.
Hardouvelis added that Greek people have matured as a society and accept that pensions and other amenities depend on taxation.
Regarding the coalition government’s privatisation programme, the Minister stressed the need for foreign investments and argued that there is significant interest for ports, airports and real estate. Hardouvelis attributed the increased investor interest to the overall improvement of public finances.
Later in the interview, the Finance Minister praised the efforts in the tourist sector, which demonstrated a remarkable increase. Hardouvelis also predicted that there would be a positive growth rate in the economy in the third quarter for the first time in almost 20 semesters.
When asked whether a new bailout programme would be necessary, the Finance Minister said that while the current programme has some advantages and resulted in a number of structural reforms, Greece should be left to carry on implementing reforms as necessary.