Germany and Greece have agreed to continue their close bilateral cooperation to promote measures to boost growth. This is the outcome of the fourth high-level consultations of the German-Greek Partnership at the Federal Foreign Office, hosted by State Secretary Markus Ederer.
Focus: strengthening the Greek real economy
On 10 November, government representatives from both countries met for consultations at the Federal Foreign Office for the fourth time. Both sides agreed to build on their successful cooperation and to initiate new projects with a special focus on continued efforts to strengthen the Greek real economy, which is benefiting from the incipient recovery.
The fields of cooperation include vocational training programmes, promoting exports of agricultural products, supporting an active labour market policy and strengthening renewable energies.
Development funds for small and medium-sized businesses
At the meeting, the two countries considered three results in particular to be significant:
- More than 20 joint projects in the field of innovation and research have been completed since January 2014.
- Work has been carried out in 10 different areas of healthcare reform since December 2013.
- A development fund with the title Institution for Growth has been created that is to begin supplying small and medium-sized business with loans in the coming months.
The aim of the joint efforts is to improve the structures of a competitive and export-oriented economy that creates jobs for the long term. A number of the projects are being implemented in cooperation with the European Commission’s Task Force for Greece.
Initiative for German-Greek Youth Office
Both sides welcomed the initiative to set up a German-Greek Youth Office that is to promote exchanges between young people from both countries. Ideas and future projects were discussed at a German-Greek youth forum from 3 to 6 November in Bad Honnef.