Economy Minister Nikos Christodoulakis invited the business world to participate in the country’s effort to complete investments

Economy Minister Nikos Christodoulakis invited the business world to participate actively in the country’s effort to complete investments totaling up to 100 billion euros by 2020, in a speech at a debate organized by the Athens Chamber of Commerce and Industry and the Greek business federation SEV on Thursday.

The minister said the country needs a “jump in investments” noting that the main question is where the government will find the money. In an effort to respond to this question, he said, he announced he plans to negotiate with the European Commission the extension by six or 12 months the existing EU programs and to request an increase in EU funding for 2014-2020, citing the deep economic crisis facing the country.

Commenting on a possible relaxation of capital controls for imports, he said that the government is discussing a full lifting of the rules for medicines and a few other products, but noted that this issue will have to be discussed with the European Central Bank, which will happen in the near future.