PM Tsipras praises role of all-important shipping sector in Greek economy

5 June 2018
359 Views

Greek Prime Minister Alexis Tsipras referred to the major contribution of the Greek shipping industry in the country’s economy, during his address at the inauguration of the biennial Posidonia 2018 maritime exhibition in Athens on Monday evening.

He reminded that Greek shipowners and shipping interests control the biggest fleet in the world and retain 50 percent of European shipping’s transport capacity.

“It (shipping) comprises a major part of the country’s GDP, while shipping remittances in 2017 reached nine billion euros, 20 percent more than in 2016,” he said.

In touching on the domestic front, he referred to ” pathogenesis” of the past, “which led us into the crisis, however, as I said, these must be overcome.” He also echoed the most recent “bright scenario” by his top financial team, namely, “gradual tax breaks”.

“We proceeded with reforms, but it was not easy to implement them; from a deficit-plagued country we are now among the first, and with a surplus. We regained the trust of our partners, and this is a passport towards an exit from the programs, and a guarantee for gradual tax breaks”.

You may be interested

Mustaches protect men from cancer, study says
GREECE
shares11 views
GREECE
shares11 views

Mustaches protect men from cancer, study says

Panos - May 24, 2019

For all of those men who view a mustache as a largely ornamental addition to their masculine appearance, a new…

Greek-American composer Olivia Hadjiioannou wins top award at Festival in Cannes
ART
shares15 views
ART
shares15 views

Greek-American composer Olivia Hadjiioannou wins top award at Festival in Cannes

Panos - May 24, 2019

Greek multi-instrumentalist and composer Olivia Hadjiioannou won the Best Music Video award for Red Lion in the inaugural French Riviera…

US Embassy and Consular services in Greece closed on May 27
GREECE
shares17 views
GREECE
shares17 views

US Embassy and Consular services in Greece closed on May 27

Panos - May 24, 2019

The U.S. Embassy in Athens and its Consular Section, the U.S. Consulate General in Thessaloniki, and all U.S. Government offices…

Leave a Comment

Your email address will not be published.