Title: The Greek Economy
1The Greek Economy
Dynamic progress
Great potential
2Dynamic Economy
3Dynamic Economy
Rapid deficit reduction
4Dynamic Economy
Source Greek budget 2008
5Dynamic Economy
Significant debt reduction
6Dynamic Economy
Source Greek budget 2008
7Dynamic Economy
Strong growth
8Dynamic Economy
Greece Eurozone
Source Greek budget 2008 and European Commission
9Dynamic Economy
Falling unemployment
10Dynamic Economy
Source Greek budget 2008
11Dynamic Economy
Increasing investment
12Establishing a Dynamic Economy
Source Bank of Greece
13Dynamic Economy
Rising exports
14Dynamic Economy
Source National Statistical Service of Greece
15Broad reform agenda
16Broad Reform Agenda
Tax reform
17Reforming the Economy and the Society
S.A. Ltd
Small businesses
18Broad Reform Agenda
Investment Incentives Law
19Broad Reform Agenda
Since the enactment of the law in 2005 more than
4.000 private investment projects
worth 8,8 bn
have been approved
and are expected to create
more than 21.000 new jobs
20Broad Reform Agenda
Public Private Partnerships
21Broad Reform Agenda
34 projects valued at 4 bn euros
have already been approved in the
context of the new framework
for Public-Private Partnerships in
Greece.
22Broad Reform Agenda
23Broad Reform Agenda
New Privatization Agenda
24Broad Reform Agenda
Total revenues from privatizations in the 2004
2007 period reached
6,2 bn
75 of which originated from
foreign capital
25Broad Reform Agenda
New exports policy
26Broad Reform Agenda
27Broad Reform Agenda
Effective use of EU funds
28Broad Reform Agenda
- Greece tripled the absorption of structural
funds from the 3rd Community Support Framework in
less than four years (2004-2007)
- Launched the National Strategic Reference
Framework (NSRF) - the 1st to be approved among
the EU15 - Secured 24.3bn euros for the period 2007-2013
- Plans to allocate almost 40bn euros to NSRF
projects 80 of which will be allocated to
Greek regions targeting regional development
29Greece as the Gateway
to Southeastern Europe
30Greece The Gateway to SE Europe
31Greece The Gateway to SE Europe
32Greece The Gateway to SE Europe
33Greece The Gateway to SE Europe
34Greece is the locomotive
of economic expansion
in the region
35The Greek Economy
Dynamic progress
Great potential