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Venizelos targets business environment

27. April 2012. | 09:58

Source: AMNA

The markets' perception on Greece and the Greek banks will change now that it will begin to appear that the Greek debt is sustainable, Pasok leader Evangelos Venizelos said on Thursday during a meeting at the party's downtown Athens headquarters with the heads of small and medium size innovative businesses.

The markets' perception on Greece and the Greek banks will change now that it will begin to appear that the Greek debt is sustainable, Pasok leader Evangelos Venizelos said on Thursday during a meeting at the party's downtown Athens headquarters with the heads of small and medium size innovative businesses.

During the meeting, which was also attended by development minister Anna Diamantopoulou, Venizelos said that the fundamental aspiration is to highlight the value of entrepreneurship, which has been 'vilified' in recent decades, whereas the state, the public administration and the justice system lack a developmental orientation.

He said that there are sections of society that cannot perceive the value of entrepreneurship for the creation of new jobs as well as for the protection of existing jobs, adding that "we must reconcile entrepreneurship and employment".

Venizelos further said that the departure of Greece's "intellectual capital" for other countries is a loss for the country, noting that model countries, such as the Scandinavian states, greatly invest in it.

He said that research, development and innovation could serve as the springboard for Greece to 'chase' the innovation indicators, noting that state spending on research and innovation was higher than that of the private sector, adding that the private concerns should make use of the state research infrastructures.

A necessary condition for the development of entrepreneurship is ensuring liquidity, Venizelos stressed, adding that the 50 billion euros earmarked for the recapitalisation of the banks will be channeled to the market, while "we are relieving the banks of the 10 billion euros they were lending to the state".

He further reiterated the "desire for the deposits to return to Greece".

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