Greece has great potential to advance, Stournaras says

Greece “has great advancing potential,” and “its economic diplomacy and international relations can help in attracting investors and entrepreneurs interested in domestic production,” Finance Minister Yannis Stournaras told an event organized Monday by the Foundation for Economic and Industrial Research (IOBE), during which an award of excellence was given to former prime minister Lucas Papademos.

Stournaras said the government has started laying the foundations for a new and modern state, of rational structures, clear legislation and swift processes.

“If we can manage to exceed the primary results in 2013, up to 70% of that excess can be distributed to social groups in real need", he stressed, adding that “European perspective, growth, employment, innovation, competition and focusing on export activity, should be the targets uniting Greek people… I am convinced that we’ll do just fine, as we Greeks always show the best in us at the worst of conditions.”

Referring to former premier, Stournaras said “Papademos will be among the personalities that history will reward for their contribution to Greece.”