Finance Minister Yannis Stournaras, who is visiting Frankfurt, discussed with Bundesbank president Jens Weidmann and managing director Juergen Fitschen the positive developments in Greek economy.

Addressing over 100 German entrepreneurs at the Frankfurter Gesellschaft fur Handel, Industrie und Wissenschaft business union, Stournaras confirmed that the final figures for 2013 will show Greece’s economy contracted below the 4% target and that the primary surplus, for the first time after a number of decades, will amount to 1% of gross domestic product.

Stournaras then presented the pillars of the new growth model for the Greek economy; tourism - with the aim of extending the season- energy, food and the agricultural sector, logistics (based on the country’s geographical location) and the high-potential sectors of telecommunications, new technologies, property and transport. He further stressed the top-quality human resources in the country.

Finally, he called on his audience to invest in sectors such as renewable energy, food and drinks, industrial products, pharmaceuticals, waste management and health tourism.