Unlocking the growth and jobs for Greece and Europe as a whole
These actions, if properly implemented, should quickly unblock growth, create jobs and mitigate the social impact of the crisis
Just after adoption of the Communication on Growth and Jobs for Greece, the President of the European Commission, José Manuel Barroso, said in the European Parliament: "This Communication proposes a set of priority actions which range from promoting youth employment to tax reform, and investing in education to smarter regulation. These actions, if properly implemented, should quickly unblock growth, create jobs and mitigate the social impact of the crisis." He also acknowledged and appreciated the tremendous efforts made by the Greek authorities and by the Greek people over the last months in undertaking the measures necessary to secure the second programme, and the unprecedented solidarity of the international community (the total package of assistance to Greece, is equivalent to 177% of Greek GDP, almost double the income Greece can generate in one year) that actually opened the way for this Communication.
The President continued with a strong call to Member States to speed up the implementation of growth-friendly legislation to release the full potential of the Single Market. He promised that the Commission will also later this year come with a Single Market Act II to further take forward efforts to unleash the full jobs and growth potential of the single market in Europe.