The Minister of National Economy participated in two major events in Washington as part of the Spring Meetings of the International Monetary Fund
The Minister of National Economy and Finance, Mr. Kyriakos Pierrakakis, participated in two major international events in Washington, in the framework of the International Monetary Fund meetings: The Foreign Policy Solutions Summit and the special event of Atlantic Council In the context of World Bank Week and his Imf.
Foreign Policy Solutions Summit
‘We are in the middle of a very different decade’the Minister of National Economy and Finance said, Kyriakos Pierrakakison the occasion of yesterday’s anniversary of the country’s accession to the first memorandum. “We are growing rapidly, with a growth rate of 2.3%, which is significantly higher than the European average. A few days ago, we announced a primary surplus of 4.8%, while only six countries in Europe have a surplus in general. “
To Foreign Policy Solutions SummitMr. Pierrakakis participated in a discussion with CEO and publisher Andrew Sullingeron economic diplomacy in a divided international environment. It focused on the country’s reform efforts, which is being promoted as a model for policies that other countries are called upon to follow in view of the economic and geopolitical uncertainty.
The minister made particular reference to the necessary reforms within the EU, stressing the need to remove internal barriers to trading between Member States. As he said, citing the Draghi and Letta reports, these obstacles are equivalent to the existence of duties.
“At this time, characterized by unprecedented events and increased uncertainty”said Mr. Pierrakakis; “We need more worldwide reforms.”
Atlantic Council – World Bank Week
In his event Atlantic Councilthe minister analyzed the global economic challenges, contrasting the uncertainty of the international environment the stability of the commitment to structural reforms.
“The message I want to send with my new property is that Greece has returned”he said. “Greece is now an extremely attractive destination for investment, for study, and we aspire to maintain the policies that have led us to this point.”
The minister presented the positive performance of the Greek economy, stressing the country’s return to a steady growth track, while excluding the power and durability shown by the Greek people in the course of reforms.
He referred to the government’s key reform priorities for the next period, with an emphasis on fighting tax evasion, attracting investment and measures to release the growth potential of the Greek economy. He expressed the estimation that inflationary pressures would be diverged in the coming months, while declaring the government’s staunch support for European efforts to introduce digital euro.
“We do not have the luxury not to move on to European integration”he underlined.
THE Kyriakos Pierrakakis It reiterated the Greek government’s firm position in favor of free trade and the need for zero duties between allies, in the wake of the latest developments in the US Commercial War. At the same time, he noted that Greece will target additional markets for its products such as India and at the same time seeking to attract more direct foreign investment.
Source: Skai
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