Econ Min Papadimitriou: The country needs a new technologically upgraded and extrovert growth model

The country’s development plan focuses on the attraction of investments to dynamic and innovative businesses, stated Economy Minister Dimitris Papadimitriou in a statement to the Sunday edition of Ethnos newspaper.

“The Greek economy needs a new technologically upgraded and extrovert growth model that will promote the competitive advantages of the domestic productive networks and of the qualified human resources. It is the only way to cover the productive gap that characterises today the economy and in parallel to create new job positions in order to absorb the unprecedented unemployment that plagues the country”.
The minister said that “we focus on the attraction of investments to dynamic and innovative businesses in order to broaden their activities and to acquire extroversion (strengthening of exports) with aim the increase of added value and the creation of new qualitative job positions and intercept the brain drain.”

The positive increase of GDP is not a satisfactory indication of stabilisation. In order to have a real economic and social stabilisation we must have growth rate that after the deduction of the country’s debt obligations to allow even a medium increase of the real GDP per capita. This will allow the lost ground to be covered at mid-term level, noted Papadimitriou.