PM Tsipras: Investors Trust the Greek Economy

FILE - PM Alexis Tsipras. Photo: Eurokinissi/Stelios Misinas.

ATHENS (ANA) – There are many investors who trust and invest in the Greek economy, Prime Minister Alexis Tsipras said on Tuesday, during his visit to the Papastratos CMC factory in Aspropyrgos, Attica.

Investments during the first half of 2017 alone have exceeded one billion euros, Tsipras said, and this rate of investment had doubled immediately after the conclusion of the second programme review, in the two-month period of June and July.

“We are working to lay the foundations for a productive model that is different from that which led us to the crisis,” Tsipras underlined.

In this context, the prime minister hailed the 300-million-euro investment made by Papastratos CMC, saying it was a vote of confidence in the Greek economy that had created 300 new jobs.

“[Papastratos] decided to place its trust in the Greek workforce and chiefly to place its trust in the prospects this country can have, to trust in the future of Greece,” Tsipras said. He noted his great pleasure that the company had been vindicated in making this high-risk decision, taken in 2015 at a time when Greece and its economy had been subjected to “terrific divestment pressure after 2010.”

Tsipras also noted that unemployment was now falling steadily and may even drop below a threshold of 20 percent in 2018. A labour ministry draft law that will be tabled in Parliament later in the day will allow the opening of new jobs with decent conditions, as well as the protection of employees, he added.