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Government eyes new enterprise funding tools

Developing new funding tools, beyond the classic bank borrowing, to fit the needs of enterprises, is one of the basic of the government, Economy, Development and Tourism Minister George Stathakis said on Thursday, addressing the Pan-European Conference of the European Federation of Managing Consultancies Associations (FEACO), organized by the Hellenic Association of Management Consulting Firms (SESMA).

The Greek minister noted that the country was currently at a turning point and the government was drafting an economic stability program, setting the terms and preconditions for a sustainable and solid economy on a long-term level "and if the right changes and institutional reforms were to be made we will leave behind us the deep wounds from the crisis of the previous five years".