PM Samaras on Greece’s ‘New Era of Opportunity’



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The progress made on the Greek economy over the last two years, as well as the many opportunities now offered to investors, emphasized Greek Prime Minister Antonis Samaras in a message he sent via webcast at the 16th annual Capital Link “Invest in Greece” Forum held at the Metropolitan Club in New York on Monday.

In his speech entitled “A New Era of Opportunity for Greece” the Greek Premier said that “we are already witnessing the fruits of our joint efforts and international investors have already entered the Greek market.” While praising the event as key to the promotion of potential investments to the US public and a tool for strengthening the already excellent ties between the two countries, he highlighted that the cooperation between Greece and the US could now be more profitable and constructive than ever. “This year’s Capital Link investment forum is of the utmost importance, given the successful reforms that have already been carried out to kickstart the Greek economy,” Samaras added.

The Greek PM noted that the economic recovery signs are already visible, while people’s sacrifices are finally starting to pay off and sweeping changes had been made in all areas, such as fighting bureaucracy and tackling extensive shortcomings. “We must now exploit our unused potential, our natural resources, our mineral wealth and, above all, our rich human capital, in order to create a secure and stable business environment, and make our country attractive to foreign investors. No more bureaucracy, acting as a disadvantage in every transaction with the general public and especially with the private sector,” he noted.

In addition, Samaras characterized Greece as the “champion” in fiscal adjustment and structural surpluses in the Eurozone area, reminding that it was ranked first for GDP growth in the year’s third quarter, as well as in growth forecasts for the coming year.

He also announced plans for tax measures favorable to investors and while referring to existing companies’ potential to increase production and activity in the banking, agricultural, tourism and energy sectors that present a growth trend, he said that “‘smart money comes first’ to promising sectors.”

Concluding his webcast remarks, Samaras said that “our success story in Europe, is a European success that will make all Greek-Americans proud.”


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