Mitsotakis: Greece is today one of the fastest growing economies in Europe

"Greece is today one of the fastest growing economies in Europe, with increasing employment, declining inequality and improving public finances. In recent years we have seen a significant improvement in the extroversion and openness of our economy, a critical factor so that a small open economy can thrive within a monetary union. Not many know that Greek exports have grown, from about a fifth of GDP at the beginning of the crisis to about half of GDP today, a level close to that of the major exporting economies of the eurozone," Prime Minister Kyriakos Mitsotakis said late on Wednesday at the official dinner hosted by Bank of Greece (BoG) governor Yannis Stournaras, on the occasion of the meeting of the ECB Board of Directors taking place in Athens.

"Also, our export base is highly diversified, being evenly split between goods and services, with significant differentiation between different categories of goods, he said and added: "The Greek economy is not based on just one sector, it does not depend only on tourism."

He pointed out that Greece has carried out structural reforms, noting that "a partial list of the reforms we have implemented in the last four years includes the digitisation, to a significant extent, of the public sector but also the support of digitisation in the private sector, the significant reform of labour markets, supporting the green transition - Greece is currently among the leaders in the production of energy from renewable sources. It includes education reform, a fully funded supplementary insurance system, the return of the Public Power Corporation to profitability and its transformation into a leading actor in the wider region, the simplification of licensing procedures, the reduction of bureaucracy and the continuation of privatisations."