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Fuchtel sees Greek economy making headway

Δημοσίευση 24 Αυγούστου 2013, 13:29 / Ανανεώθηκε 24 Αυγούστου 2013, 13:29
Fuchtel sees Greek economy making headway
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Greece’s efforts to modernize the economy with support from Germany are beginning to pay off at a local level two years after joint projects were first begun, according to Chancellor Angela Merkel’s special envoy to the country.

Greece’s efforts to modernize the economy with support from Germany are beginning to pay off at a local level two years after joint projects were first begun, according to Chancellor Angela Merkel’s special envoy to the country.

Hans-Joachim Fuchtel, a lawmaker for Merkel’s Christian Democratic Union party who was appointed to his job in 2011, said Greek initiatives are benefiting from a “treasure trove” of German industrial and administrative expertise that’s spawned projects from tourism to exporting textiles and managing waste.

“Greece has come a huge step forward,” Fuchtel said in an interview in Berlin late Thursday.

All the same, “economic recovery needs to be speeded up.”