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Greece, Cyprus to send joint business delegations to Balkans, Black Sea, Mid-East
17 March, 2006

Greece and Cyprus will be sending joint business delegations to countries in the Balkan, Black Sea and Middle East regions, President of the Athens Chamber of Commerce and Industry (EBEA) Drakoulis Fountoukakos announced during a conference in Nicosia on Thursday.

Manoussos Voloudakis, the Greek Development Ministry's Secretary General of Commerce, referred to accomplishments achieved in Greece in the commercial sector and stressed that there are signs of recovery of the Greek economy as indicated by increases in exports, an inflation rate that has been maintained at low levels and a reduction in the unemployment rate for the first time in many years.

He expressed certainty that Greece will achieve its goal regarding the further reduction of the public deficit and noted that one of the government's key priorities is to achieve growth and quality in all sectors.

Voloudakis also referred to related initiatives the government has undertaken so far, such as a new law aimed at improving the competitive environment and successful efforts to reduce bureaucratic procedures among others.

Also speaking at the conference, Cypriot Minister of Commerce, Industry and Tourism George Lillikas referred to the daring spirit of Greek and Cypriot entrepreneurs that always exceeded the small geographic size of their respective countries making them innovators in commerce, investments and the economy overall, not only within their own countries but in the broader region as well.

Lillikas expressed the state's support of the business community and called upon entrepreneurs to submit specific proposals so that the state can better help them in their entrepreneurial and investment plans for the Balkan, the Black Sea and Middle East regions.

Source: Athens News Agency

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