“Data on business turnover demonstrates resilience and reflects their dynamics,” said Finance Minister Christos Staikouras, on the occasion of the publication by ELSTAT of data on business turnover in 2021. At the same time, he noted that this development “signals strong prospects for further growth of entrepreneurship and our economy as a whole in 2022”.
In detail, the minister stated the following:
“Today, ELSTAT announced data on the course of business turnover in 2021. According to them, their turnover amounted to 332.4 billion euros in 2021, from 316.9 billion euros in 2019. That is, increased by 15.5 billion euros compared to 2019.
This is another positive development, which reflects not only the resilience of Greek companies in the midst of a pandemic, but also the momentum that they have acquired thanks to their adaptability and the brave state support that has been provided to them throughout this difficult period. At the same time, it signals strong prospects for further development of entrepreneurship and our economy as a whole in 2022.
Today’s encouraging data is not an isolated development, but a continuation of a series of positive economic figures and developments that have been announced recently and demonstrate the correctness and effectiveness of the government’s economic policy.
Just last week, the European Central Bank (ECB) announced that household disposable income increased by 4.7% in the third quarter of 2021, recording the second largest increase in the eurozone. In addition, according to the ECB, Greece has shown, in the last four years, the largest – among all eurozone countries – reduction in unemployment, with the result that it is no longer the country with the highest European unemployment rate.
To the above are added the strong economic recovery in 2021, the significant increase in deposits, the steady upward trend in industry, construction and manufacturing, the improvement of the economic climate, etc.
All these positive developments confirm that the government’s economic policy, with unprecedented support measures of over 43 billion euros, permanent reductions in taxes and insurance contributions and the implementation of structural changes has brought significant results. It supported the incomes of the citizens, safeguarded the jobs and stimulated the turnover of the companies, ensuring them a dynamic starting point and strong growth prospects.
Of course, all of the above are not elements of celebration. As a government we are not complacent. We are fully aware of the challenges of the day, which stem mainly from the health crisis and the significant and longer-lasting inflationary pressures. “We work methodically and responsibly to tackle, as far as possible, temporary turmoil and multilevel crises and to achieve high and sustainable growth, the creation of many well-paid new jobs and the strengthening of social cohesion.”
Source: AMPE
Source: Capital
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