ECONOMY

More action to cut red tape, create jobs

The government announced on Monday a set of measures to cut bureaucracy and increase the country’s gross domestic product while creating tens of thousands of jobs.

The Development Ministry’s exports strategy consultant, Grigoris Dimitriadis, announced the processing of 25 plans aimed at reducing bureaucratic procedures for exporting activities by 50 percent and the cost they entail by 20 percent by 2015, which would lead to a 10 percent increase in the value of exports. It will also lead to an increase in the country’s GDP by an estimated 1.7 percent and to the creation of some 80,000 jobs.

Speaking at the same event, titled “Exporting Quality Agricultural Products,” at the Costa Navarino resort in the southwestern Peloponnese, Georgia Costopoulou, from the Agricultural Development Ministry, said that the European Commission has chosen 20 top products for promotion internationally, and that six of them are Greek.

The Foreign Ministry also announced that business missions will travel to Algeria and Libya next month, with the aim of boosting export activity, while joint ministerial meeting will be held with Russia, South Korea and Egypt.