During the "Strategy for Growth and Jobs 2014-2019" held in Portugal yesterday, Prime Minister Antonis Samaras discussed tax reductions by European economies to promote competitiveness, along with other major issues.

Cypriot President Nicos Anastasiades addressed the yearly Cyprus Hoteliers Association general meeting, and stated that the island's tourist sector is the leading economic factor concerning financial recovery.

National Bank of Greece Chief Executive Alexandros Tourkolias stated that the Hellenic shipping industry is flourishing, during a Posidonia 2014 dinner attended by Prime Minister Antonis Samaras, government Vice-President Evangelos Venizelos, Finance Minister Yiannis Stournaras and Shipping Minister Miltiadis Varvitsiotis.