Transparency for Growth

Papandreou stressed that development legislation and business incentives were not a panacea for the revival of economic growth

but only part of an overall effort towards a sustainable and competitive model of Greece

To achieve this, he noted, Greece must take advantage of the present opportunity in two ways.

  1. Firstly, by facilitating entrepreneurship and abolishing bureaucratic obstacles to creating and operating an enterprise.
  2. And, secondly, by creating a climate of transparency and legitimacy that…

will help the country attract the kind of investment that corresponds to a new developmental model

This is positive news, it is a critical condition for donors, to the Kommos Conservancy, that wish to give contributions to the conservation of the excavated architectural artifacts and towards the development of the archaeological park.
Greece's Prime Minister George Papandreou attends an interview as he arrives at an European Union Heads of States summit in Brussels, June 17, 2010.   REUTERS/Eric Vidal  (BELGIUM - Tags: POLITICS BUSINESS)Expanding on the existing recreational beach tourism that currently exist adjacent to the Kommos archaeological site with existing cultural heritage tour operations that occur in the Mesara at Phaistos and Hagia Triada will produce the type of expanded economic growth that Prime Minister Papandreou has referenced above. As the archaeological site progresses towards a publicly accessible archaeological park, the economic benefits to existing restaurant, retail and hotel infrastructure will undoubtedly occur.

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2 comments on “Transparency for Growth
  1. James Stratis says:

    “the public sector is, however, is under-resourced and inefficient. On my last day in the country, I wangle my way inside a public pensions office for those working in the tourism industry: there are just two Dell computers in one large room, and lever-arch files dating back 30 years. No one ever paid for the data to be computerised, I am told, and the result is that one day’s work takes three. ”

  2. Four and a half years later: “We need time to breathe and to create our own medium-term recovery plan, which among others will incorporate the objectives of primary balanced budgets and radical reforms to tackle the issues of tax evasion, corruption and patronage of the state,” Tsipras said.

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