Germany’s economy minister backed calls to get German companies to invest in Greece to get the debt-drowned country’s economy growing again.
German Economics Minister Philipp Roesler and Greek Development Minister Michalis Chrysohoidis said Friday they had signed a memorandum of understanding over a range of measures to assist Greece in implementing structral economic reforms.
After a working breakfast as part of a day of back-to-back meetings with Greek government officials, Roesler said he and Michalis agreed it is necessary “to do everything to ensure to keep all member states in the euro zone.”
Germany has agreed to help Greece by providing assistance in reforming its bureaucracy in areas such as competition law and start-up support.
“We are determined to respond decisively to the crisis,” said Michalis. “We want to rebuild our country and give our highly qualified young people a chance.”
(source: AP, Dow Jones)
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