“We have difficulties ahead of us, but in the current situation, I am proud that Greece is still holding us well. The European Commission forecasts announced for the economy in the eurozone countries for 2022 and 2023 brought Greece to the first five of the best places in terms of growth forecasts on the European continent “. These were emphasized by the Minister of Development and Investment, Adonis Georgiadis, speaking today at the 4th Development Conference of Etoloakarnania, which takes place in the area of ​​Trichonida and is organized by the “Development Leap”, local government organizations and agencies.
As Mr. Georgiadis later explained, “having growth means that we manage to create new jobs and that our economy continues to function despite the pandemic and despite the war.” He also stated that “tourism will go extremely well this year, while investments are going extremely well”. At the same time, the Minister of Development referred to the producer price index (PPI) announced in Germany and as he said “this index is the precursor index of inflation”, adding:
“The increase of this index for the month of April in Germany was 33.8% and was the biggest increase since 1949. So this increase will come to Greece with a delay of a few weeks, since half of the products in a supermarket are from “So the recession in the German economy will bring a recession in the European economy as well, because in the modern economy there is no country alone, since we are all a circle, connected to each other.”
Mr. Georgiadis then spoke about the war in Ukraine, saying that “it has created an opportunity for Greece.” As he pointed out, “Greece has a huge comparative natural advantage, if it manages to produce electricity from wind and sun” and explained: “As the situation is now, energy from renewable sources is much cheaper than hydrocarbons. “This has aroused a global investment interest of huge funds to Greece, to build giant power generation projects or to build in our country plants for the storage of renewable energy sources, such as hydrogen.”
“Our Greece,” he continued, “if we are a little like this, can become a self-sufficient energy and exporter from an importer of energy and fossil fuels. In this case, billions of euros would enter our economy each year to grow. “Our industry would be much more competitive, as it could have cheaper energy than other northern European industries that do not have access to renewable sources.”
Elsewhere in his speech, Mr. Georgiadis said that “I am extremely proud that in the three years or so that I have been Minister of Development and Investment, Greece has completely changed its image abroad.” “And this, as he stressed,” proved with the investments that have already come to the country during these three years, after the way we treat them changed. “At the same time, he noted that” we must make Greece a pole of attraction for investment companies, because only if investments from abroad, you can expect that it is possible to improve the lives of the people of your place “.
Closing his speech, Adonis Georgiadis said that “we do not put it down, the problems will exist, but we will solve them with good mood, hard work and good cooperation and in the end everything will go well despite the difficulties”.
SOURCE: AMPE
Source: Capital
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