Sunday, June 20, 2010

Economic Growth by 2011, Greek Minister Says

Wall Street Journal
June 19, 2010

The struggling Greek economy is expected to see resumption of growth next year if the government's efforts to promote inward investments materialize, Louka Katseli, minister of economy, competitiveness and shipping, said Saturday.

"Exiting from this crisis can be done through [more] exports, trade and investment," Ms. Katseli said at a press conference during a visit to the World Expo in Shanghai.

She also said the country's austerity measures, which are aimed at cutting large budget deficits, have shown positive results.

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