The big gamble for Greece is investments and exports
The Minister of Finance, Mr. Christos Staikouras, during his opening speech in the context of the Annual General Meeting of the Association of Chief Executive Officers (ACEO) referred extensively to the gradual recovery of the economy after the shocks of the pandemic as well as to the measures to support entrepreneurship.
Starting his speech, he highlighted the role played by the Association in the economic events and activities of the country while he then presented in detail the targeted measures and tools designed, planned and implemented by the government to support the economy in this difficult period, for which “no one was prepared” as he said.
“The government has supported entrepreneurship so that the consequences of the economic crisis are smaller and reversible” said Mr. Staikouras.
The Minister of Finance made special mention of the announced measures to stimulate liquidity and ensure social cohesion, stressing that although the country has left the difficult times behind, the return to normality is expected to be gradual.
Then, by making an evaluation of the government work, Mr. Staikouras pointed out that the government has received a vote of confidence from the investors, citing as examples the investments of Microsoft, Pfizer and Volkswagen that have been made in the country recently. Green economy, energy and digitization are still the key pillars of the government’s strategic plan for growth.
The Minister also referred to the structural changes implemented by the government referring to the reduction of tax rates and the establishment of tax incentives as well as the incentives to attract investment and human capital. These interventions were requested by the business sector players and the Association of Chief Executive Officers over the years.
As the Minister pointed out “the government, for the first time, created a new framework for the reformation and modernization of corporate governance, and that was something that was requested constantly by the Association that is represented by a member at the National Council on Corporate Governance.
Finally, Mr. Staikouras stressed that he is looking to the business sector for support being reassured by the Chairman of ACEO Board of Directors, President & Managing Director, XEROX HELLAS, Mr. Vassilis Rabbat, who stated that: “the Association of Chief Executive Officers has tremendous enthusiasm for taking the country forward, in cooperation with the government, and for contributing to the much-desired development or which we have all the resources, but it will also require patience”.
Due to the emergency measures to contain COVID-19 spread, this year, the ACEO General Meeting was held online.
For more information, please contact the ACEO’s Public Relations office at +30 2106894323 +30 2106894323/4,
Ms. Effie Pintzou 2106894323/4,firstname.lastname@example.org