Pierrakakis: The Hypertension is the catalyst of a large economic change

The Superstar He is a catalyst for a major economic change in a Greece that cannot wait, the Minister of National Economy and Finance said, among other things. Kyriakos Pierrakakisafter his visit to the Treasury, where he was briefed by Managing Director Yiannis Papachristou and Deputy Managing Director Panagiotis Stamboulides on the goals and timetable of the National Investment Fund.

Through an expanded portfolio of Public Enterprises and Equity, the Hypertension manages $ 11.7 billion in assets and employs 25,000 employees. It has 23 subsidiaries, in 9 basic sectors of economic activity.

According to the ministry, with his visit and statements that followed, Mr Pierrakakis gave the mark that the utilization of public property is one of the key priorities of the Ministry of National Economy and Finance. The Hypertension will act as a lever for the growth and transformation of the economy.

The minister characteristically stated: “The Treasury is evolving into a National Investment Fund, leaving behind the years of the financial crisis, the difficult years of the Memorandums, where the dominant goal was to serve the lenders and less to exploit national wealth.

But by expanding our financial capabilities, by achieving improvements in our economic performance, we were able to regain national sovereignty. And the Hypertension, at the moment, plays a catalyst for the country’s economic growth. It is at the core of changing the productive model of our economy with an emphasis on extroversion, innovation, investment.

The Treasury manages a nominal value of assets of € 11.7 billion. This amount, of course, may actually be much larger because we are discussing the evaluation of public property. Let’s see what the public property of the state has been for years. So this, and especially with the new administration of the Treasury, is done for the first time in a highly systematic way and with great emphasis on digital media.

And so, very soon, we can claim that we will be able to “shake” the waters in the utilization of public property. “To give life” to the public assets that had not been exploited for years. Whether we are talking about the 22 regional airports, we are talking about Greek saltwater, or we are talking about ports, marinas, thermal springs. We will look for strategic investors so that we can achieve the greatest possible positive impact on the Greek economy, especially when we see that there is all this very positive momentum internationally for our financial performance.

The Hypermalion is the catalyst for a major economic change in a Greece that cannot wait. “

For his part, Mr. Papachristou pointed out the following: “We were very pleased to welcome the Minister of National Economy and Finance with whom we had a constructive meeting for the mission. I am convinced that in this new era, the Treasury will function even more decisively as a catalyst for sustainable development by utilizing the assets of the Greek State in our portfolio, the improvement of the operation of the subsidiaries and the maturation and implementation of the new country, as well as the creation of the new country.

Utilizing the high level and rich know -how of our executives, we will work with transparency, consistency and good corporate governance to help build a new productive model that will enhance the competitiveness of the Greek economy. The new Infrastructure Infrastructure Fund will be launched in the near future, which will enable us to invest in dynamic economy, contributing to immediate foreign investment. At the same time, a series of projects running from our subsidiaries (ETAD, ELTA, Athens Transport, etc.), as well as infrastructure projects, are on track.

Our role is active and multilevel. The Growthfund Hypothesis is the bridge between public and private initiative. Our compass is the few words and many tangible results that will create value to the economy and make our fellow citizens’ daily lives better. “

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