PM Mitsotakis: Businesses growth must lead to improved wages and working conditions

23:24 24/10/2024 - Πηγή: iEfimerida

Prime Minister Kyriakos Mitsotakis, speaking at the general assembly of the Hellenic Federation of Enterprises (SEV) at the Athens Concert Hall, emphasized that "Greece in 2024 bears no resemblance to Greece in 2019."

He noted that "our economy has emerged from intensive care and is recording some of the highest growth rates in Europe, with the largest debt

reductions worldwide, and investment-grade status is a reality after 14 years."

Mitsotakis highlighted record tourism figures, with service and product exports approaching 50% of GDP, and noted that industry and manufacturing have contributed to the qualitative restructuring of the Greek economy.

"We have practically closed half of the investment gap separating us from the rest of Europe," he stated, mentioning the creation of nearly 500,000 new jobs, a drop in unemployment to single-digit levels, and rising wages that often exceed inflation.

He referred to government reforms that will enable Greece to make a significant investment leap and emphasized that political stability creates a positive investment climate, allowing businesses to invest with greater security.

Mitsotakis stressed that profits should not only be saved or distributed as dividends; the majority should be reinvested to modernize facilities, enhance research, and invest in innovation. He pointed out that the businesses growth must lead into better wages and working conditions.

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