HHaar­rd­doou­uvveel­li­iss:: ““IIn­nvveesst­toorrss’’ bbeett oonn GGr­reeeec­cee wwiillll ssuucccceeeedd””

Financial Mirror (Cyprus) - - FRONT PAGE -

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.

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