Greece constitutes the ideal business partner for the American businesses which wish to invest and participate in the economic growth of the broader region of southeast Europe and the Mediterranean, Greek Economy and Finance Minister George Alogoskoufis underlined on Friday, directing himself to entrepreneurs who observed the sessions of the "Capital Link" forum on the theme:"Greece 2004-2006: From Reforms to Results". 

Alogoskoufis made extensive reference to the important progressive steps of the Greek economy, which, as he stated, "were made after careful implementation of the government's reform program and not by chance."

He stressed that "Greece henceforth constitutes the steam-engine of growth of the broader region of more than 160 million inhabitants."

The Greek finance minister said that "the rise of exports, the reduction of unemployment to 8.8 per cent from 11.3 per cent in March 2004, the increase of tourism, the improvement of competitiveness of the Greek economy by eight positions in the international ranking and fiscal adjustment in the framework of the regulations of the European Union (EU), are some of the achievements of the Greek economy."

He added that "we are continuing the agenda of privatizations, with the Hellenic Telecommunications Organization (OTE) seeking a strategic partner, but also further privatizations in the banking sector and the transport sector."

FinMin Alogoskoufis visits Wall Street: The President of New York's Bourse (CEO), John Thain, on Thursday recognized the growth of the Greek economy at an event held at Wall Street, just before Greek Economy and Finance Minister George Alogoskoufis was to close the session of the greatest bourse in the world, at which is being negotiated the shares of more than 2,500 companies with a total capital of 23 trillion dollars.

Earlier, Alogoskoufis, in a meeting he had with representatives of the Hellenic-American Business Council, referred to the progress which the Greek economy has made, giving emphasis to the fiscal adjustment, in parallel with the maintenance of high growth rates. He also underlined the efforts being made so that the Greek economy becomes more competitive and extrovert.

Alogoskoufis also had meetings with high ranking members of large international investment banks and gave interviews to the BBC and Bloomberg television stations.

On Friday, the minister met Archbishop of America Demetrios.

Source: Athens News Agency

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