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Financial News: Gov’t on economic growth

Δημοσίευση 4 Μαρτίου 2011, 10:49 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Financial News: Gov’t on economic growth
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“The government has invested in the sector of development and its coordinated actions have started to give results,” government spokesman Giorgos Petalotis said on Thursday, referring to a number of actions undertaken.

“The government has invested in the sector of development and its coordinated actions have started to give results,” government spokesman Giorgos Petalotis said on Thursday, referring to a number of actions undertaken.

He characteristically said that in 2011 the market will be assisted through a 10-billion-euro package, in 2010 the National Strategic Reference Framework (ESPA) absorption exceeded all expectations reaching 18.5 pct, while the files of major projects with a budget of 4.65 billion euros have already been submitted to the EU. He also referred to the 380-million-euro programmes in support of green tourism programmes, medium and small sized businesses and young entrepre-neurship.

As regards the rise in unemployment, he said that it is a very alarming phenomenon but it was expected considering that the country is in the middle of a crisis.

Commenting on the Athens Chamber of Commerce and Industry (EBEA) “economic barometer” results, according to which, six out of 10 respondents have a negative opinion about the decision to ask for the IMF’s assistance, Petalotis pointed out that the government has resorted to a three-party mechanism and referred to the cause that led it to the decision.

Petalotis criticised the main opposition New Democracy (ND) party on the occasion of the Internet-backed mobilisation planned for Thursday outside the house of former premier Costas Simitis in Athens, characterising it as “instigated and orchestrated”.