2017 gross capital formation to surpass 22.3 bln euros
- Written by E.Tsiliopoulos
Gross capital formation is expected to exceed 22.3 billion euros in 2017, according to the economy ministry's estimates, compared to 19.5 billion euros in 2016.
Ιn statements to the Athens-Macedonian News Agency, Alternate Economy Minister Alexis Charitsis said that the conditions for a virtuous economic cycle are in place in order to sustain self-sustaining growth.
However, Charitsis said that the government is implementing a comprehensive development plan for the country's productive reconstruction from the very beginning, but it is also laying down rules.
"Investments need to enhance and upgrade the productive potential of a region and not just take a market share and push aside small domestic producers, while at the same time they need to respect environmental and labour legislation and create new jobs," the alternate minister said.
Related items
-
Triumphant reception of Ecumenical Patriarch by diaspora in Melbourne and Sydney in the presence of Australian PM
-
Why Turks choose Samos for their holidays
-
Miltos Tentoglou among finalists for 2024 Men’s Field Athlete of the year
-
Gerapetritis: First chapter of EU accession talks with Albania must include the rights of minorities
-
New Democracy draws line against Latinopoulou - Refocusing on PASOK as main opponent
Latest from E.Tsiliopoulos
- Triumphant reception of Ecumenical Patriarch by diaspora in Melbourne and Sydney in the presence of Australian PM
- Why Turks choose Samos for their holidays
- Miltos Tentoglou among finalists for 2024 Men’s Field Athlete of the year
- Gerapetritis: First chapter of EU accession talks with Albania must include the rights of minorities
- New Democracy draws line against Latinopoulou - Refocusing on PASOK as main opponent