Speaking at an online conference organized by the European Commission and the Foundation for Economic and Industrial Research (IOBE), the EU Commissioner for Economy, Paolo Gentiloni, expressed his confidence that, with full utilization of the European Recovery Fund’s resources, the Greek economy will flourish and Greece will be able to play an important role in the region.

Mr. Gentiloni congratulated the Greek authorities for the rapid adoption of a comprehensive package of measures to support the economy, amounting to 10.5% of GDP, for 2020.

The next challenge for Greece, he said, is an opportunity to implement reforms to eliminate the narrow-mindedness that has long negatively affected the productivity and the growth of the Greek economy. It is also an important opportunity to make investments that will make the economy more innovative, competitive, fair and future-oriented, he added.