Katseli says exit from the crisis will come from this government's stability program

Katseli says exit from the crisis will come from this government's stability program

Economy, Competitiveness and Shipping Minister Louka Katseli, in a statement issued on Sunday on latest developments in the economy, said that "we shall tackle the challenges of the difficult conjuncture based exclusively on our own forces. Every initiative by our EU partners to handle profiteering attacks and the stabilisation of the euro is certainly welcome."

The minister added that monetary restructuring, the rewarming of economic activity and the country's production restructuring will come about as a result of the implementation of the government's economic stability and growth program.

Meanwhile, the government is preparing its three year privatization program, which aims to meet the target set in the 2010 budget for revenues of 2.5 billion euros. Finance Minister Giorgos Papakonstantinou is set to present his proposals in the next few days.