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FM: French interested in energy, ports and real estate

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French investment interest in Greece relates to energy, the ports, marinas and real estate, Finance Minister Yannis Stournaras told AMNA WebTV following the visit of French President Francois Hollande and Finance Minister Pierre Moscovici in Athens on Tuesday.

Asked to comment on his meeting with Moscovici, Stournaras said they discussed the current economy, reviewed the past few months and he acknowledged France's support. "But we also said that Greece must now revive, (it is time to) speak about investments. There is fairly high interest and we discussed the importance of joint venture investments in Greece," Stournaras said.

"Development is the greatest solution to unemployment," Stournaras added, "especially when unemployment figures for young people are tragic, at 60 percent."amna

In terms of how France might be able to help Greece under its own development difficulties, the finance minister replied, "Investments depend on comparative advantages, which means that Greece and France have different comparative advantages. There is, however, a common, mutual interest."amna

Asked whether he saw growth in Europe in the near future, Stournaras said, "Of course, the eurozone crisis has now made us wiser and we all know that we must have growth if we do not wish to see phenomena like those we saw here and in other countries a few months ago."

SOURCE: ATHENS NEWS AGENCY

Last Updated Thursday, 21 February 2013
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