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The Greek Economy - PowerPoint PPT Presentation


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The Greek Economy. Dynamic progress. Great potential. Dynamic Economy. Dynamic Economy. Rapid deficit reduction. 7 ,3%. •. 5,1%. •. 2,7%. 2,5%. •. •. 1,6%. •. Dynamic Economy. Source: Greek budget 2008. Dynamic Economy. Significant debt reduction. 98 , 6%. •. 98,0 %. •.

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slide1

The Greek Economy

Dynamic progress

Great potential

slide3

Dynamic Economy

Rapid deficit reduction

slide4

7,3%

5,1%

2,7%

2,5%

1,6%

Dynamic Economy

Source: Greek budget 2008

slide5

Dynamic Economy

Significant debt reduction

slide6

98,6%

98,0%

95,3%

93,4%

91,0%

Dynamic Economy

Source: Greek budget 2008

slide7

Dynamic Economy

Strong growth

slide8

4,3%

4,1%

4,0%

3,7%

2,8%

2,6%

2,2%

1,5%

Dynamic Economy

Greece

Eurozone

Source : Greek budget 2008 and European Commission

slide9

Dynamic Economy

Falling unemployment

slide10

10,5%

9,8%

9,3%

8,3%

7,4%

Dynamic Economy

Source: Greek budget 2008

slide11

Dynamic Economy

Increasing investment

slide12

4275

1692

1130

488

Establishing a Dynamic Economy

Source:Bank of Greece

slide13

Dynamic Economy

Rising exports

slide14

16,6

14

12,9

12,4

12,1

12

Dynamic Economy

Source: National Statistical Service of Greece

slide17

35%

32%

29%

25%

25%

24%

22%

20%

Reforming the Economy and the Society

S.A. & Ltd

Small businesses

slide18

Broad Reform Agenda

Investment

Incentives Law

slide19

Broad Reform Agenda

Since the enactment of the law in 2005 more than

4.000 private investment projects worth €8,8 bnhave been approved

and are expected to createmore than 21.000 new jobs

slide20

Broad Reform Agenda

Public Private Partnerships

slide21

Broad Reform Agenda

34 projects valued at€4 bn euros have alreadybeen approved

in the context of the new framework for Public-Private Partnerships in Greece.

slide23

Broad Reform Agenda

New Privatization Agenda

slide24

Broad Reform Agenda

Total revenues from privatizations

in the 2004 – 2007 period reached

€6,2 bn

75% of whichoriginated from

foreign capital

slide25

Broad Reform Agenda

New exports policy

slide27

Broad Reform Agenda

Effective use

of EU funds

slide28

Broad 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
slide29

Greece as the Gateway to Southeastern Europe

slide34

Greece is the locomotive of economic expansion in the region

slide35

The Greek Economy

Dynamic progress

Great potential