Greece “turned a page in 2019″, it overcame several successive crises even after it emerged exhausted by more than four years of populism, yet the ND government never abandoning promised reforms, Prime Minister Kyriakos Mitsotakis said on Friday, in opening a congress of his ruling New Democracy (ND) party.
Mitsotakis ticked off what he called his center-right government’s achievements during the address at the Metropolitan Expo venue near the Athens International Airport. The “populism” reference in this case was aimed at the previous radical leftist government – propped up by a small right-wing coalition partner – under Alexis Tsipras.
In particular, Mitsotakis cited this week’s urgent measures to deflect skyrocketing electricity bills plaguing businesses and households.
“We endured several crises, from Evros and the Aegean to the Covid-19 pandemic and the energy crisis; we must unite citizens under a common sense of security,” the ND leader said, referring initially to an attempt by Turkey to funnel thousands of third country nationals across the land border in Evros Prefecture in March 2020 and followed by particularly bellicose and aggressive maneuvers by the Turkish military later that summer in the Aegean and eastern Mediterranean.
He also underlined the improvement in the economy, as he said, with growth concluding at 8.3 percent in 2021, the third best performance in Europe, whereas unemployment dropped by 4 percentage points. He also pointed to the early repayment of IMF loans extended to Greece.
“Despite constant crises, we’re consistently implementing everything we have pledged,” Mitsotakis said.
He calculated foreign investment in the country as exceeded 5.5 billion euros since 2019, while and credit agencies continue to upgrade Greece’s ratings, even “midst an unprecedented storm.”
Cyprus Republic President Nicos Anastasiades also addressed congress participants.
Latest News
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%