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27 January, 2001
Prime Minister Costas Simitis on Friday outlined the country's European perspective and infrastructure works in Crete in an address to agency officials in the city of Hania, saying Greece is currently experiencing a new period.
Simitis said the effort to incorporate the Greek economy in the dynamic euro zone of the "12" was successful and appeared optimistic over the country's course in the 21st century. He referred to regional development and said that on January 1, 2001 Greece worthily achieved its full accession to Economic and Monetary Union (EMU).
"As a result, favorable conditions for investments and speedier economic development were created and consolidated," he said.
Simitis also focused on the country's development strategy, the development vision and prospects for Crete, saying 600 billion drachmas were provided for the island over the 1994-1999 period and mentioning projects carried out in Crete.
He further said that during the third 2000-2006 fiscal period infrastructure and transport projects will be promoted to serve the needs of developing tourism and also commented on projects included in the 3rd Community Support Framework.
Simitis set out efforts being made to upgrade quality in the agricultural sector and announced the funding of the "Valsamiotis dam" with 9.5 billion drachmas and a series of actions concerning infrastructure for irrigation and water supply projects.
Regarding the island's energy issue, he appeared optimistic and said Crete will obtain energy reserves by 2006 also through utilizing renewable sources of energy.
"A fundamental pursuit in planning our regional policy for Crete is upgrading the quality of life," Simitis said.
Source: Athens News Agency
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