国际英语资讯:Interview: New Greek govt needs to give boost to reforms, investment to accelerate growth:_时事

国际英语资讯:Interview: New Greek govt needs to give boost to reforms, investment to accelerate growth:

ATHENS, July 9 -- Greece's new government, which was sworn in on Tuesday, should give with no delays boost to reforms and investment to accelerate growth, according to local experts.

Sunday's general elections, the first held since the country emerged from the bailout era last summer, gave a strong mandate to the conservatives to form a stable single party administration and implement their program to rejuvenate Greece, Panagiotis Petrakis, Professor in the Department of Economics at the National and Kapodistrian University of Athens, told Xinhua.

In the economy, over the past two years the country has already entered the path of growth, aligning with the rest of European economies, but is still at low rates, he said.

Greece's annual GDP growth slowed down in the first quarter of 2019 compared to the previous three quarters, recording a 1.3-percent increase, compared with 1.5 percent and 2.1 percent in the previous two quarters, according to the latest report released by the country's statistical agency, the Hellenic Statistical Authority (ELSTAT).

"Greece needs a much more generous movement towards an increased number of rates of growth. In order to do so you have to give a chance again to a huge program of new reforms that the economy desperately needs. For instance, change the way that the justice system is working and make shorter the delays in the courts concerning the investments in Greece," Petrakis explained.