Tuesday Jan 27, 2015 Search
Weather | Athens
13o C
7o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Gov’t presents its growth model for the coming years

 Agenda includes reductions in tax, social security contributions

By Evgenia Tzortzi

Tax reductions for individuals and corporations, a further drop in social security contributions, the promotion of labor market flexibility, support of enterprise incubators and accelerating and improving the application of justice are among the measures included in Greece’s national growth model whose draft was presented at Thursday’s Euro Working Group meeting.

The draft describes policies that should be followed in sectors where the country has a comparative advantage and can support the economic recovery, including tourism with the attraction of more investments and the development of niche categories such as medical tourism.

In the primary sector emphasis will be placed on increasing manufactured agricultural products and their promotion in international markets, while in the energy industry the priority is improving the energy mix, along with the management of mineral wealth, the sustainable utilization of renewable energy sources, better waste management and energy saving.

The country also has an advantage in transit trade, combined transport and the shipping sector, while the industrial domains with exporting prospects are those of metals and construction materials, along with the pharmaceutical industry. In addition, Greece could become a regional center for supplying specialized technical and consultancy services for Central and Eastern European countries.

Besides the economic sectors, the model lays out horizontal initiatives the government should take aimed at “the radical change of the country’s production structure within a decade, through the redistribution of resources in favor of investments, the increase in employment and the export of a large part of the output produced.”

The model is based on studies conducted by the Center for Planning and Economic Research (KEPE), the Foundation for Economic and Industrial Research (IOBE) and McKinsey, and will be presented in full at the next Eurogroup meeting on May 5.

ekathimerini.com , Thursday April 24, 2014 (23:22)  
Europe stocks fall from seven-year high; Greek bonds drop
Greek uncertainty weighs on low-rated eurozone bonds
Consumer confidence in decline in Q4
Euro slide fuels hope of tourism growth
Yanis Varoufakis named Greece´s new finance minister
Greeces new finance minister will be radical left-wing economist and author Yanis Varoufakis, the anti-austerity Syriza-led government announced on Tuesday. The media-friendly Varoufakis, 53...
Death count rises to 11 in military jet crash at Spanish base
The death toll from the crash of a Greek F-16 at a Spanish military base during an elite NATO pilot training program rose to 11 Tuesday after one of the French airmen who suffered serious bu...
Inside News
BASKETBALL
Basket League favorites survive challenges on the road
PAOK consolidated its position in the top three of the Basket League with a triumph at AGO Rethymnou on Saturday, while Olympiakos and Panathinaikos emerged victorious from their tough away ...
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
Inside Sports
COMMENTARY
Greece, where everyone´s a winner
Whether a tradition or simply a bad habit, we have trouble finding a loser in any electoral race, a party leader who will openly concede defeat without trying to mitigate it with excuses. Th...
EDITORIAL
Political faux pas
Democracies have rules and institutions that must be respected and served by all who represent them. Most people can appreciate that politicians who have worked hard for the past two-and-a-h...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Yanis Varoufakis named Greece´s new finance minister
2. Death count rises to 11 in military jet crash at Spanish base
3. Europe stocks fall from seven-year high; Greek bonds drop
4. Three days of mourning declared over death of two Greek pilots in Spain
5. Greek uncertainty weighs on low-rated eurozone bonds
6. Greek Elections 2015: Forming a government, Part 1 | LIVE
more news
Today
This Week
1. Greek Elections 2015: Forming a government, Part 1 | LIVE
2. Greece, where everyone's a winner
3. Three days of mourning declared over death of two Greek pilots in Spain
4. Political faux pas
5. Greek uncertainty weighs on low-rated eurozone bonds
6. Europe stocks fall from seven-year high; Greek bonds drop
Today
This Week
1. Greek Elections 2015 | LIVE
2. Greek Elections 2015 | LIVE
3. SYRIZA heads for historic victory but without majority
4. Greeks fork out nearly 5 pct of their incomes on telecom services
5. QE exclusion a ‘de facto Grexit’
6. Unsupervised voting
Advertiser Link
SMART WATER Project: Outputs and conclusions of the final conference
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.