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Finance Minister Tsakalotos: The IMF has changed its stance

The International Monetary Fund (IMF) has changed its stance regarding the Greek banks and does not insist on a new quality control for their assets, said Greek Finance Minister Euclid Tsakalotos talking on ANT1 channel. The Minister stated that the stress tests will be conducted next year in all European banks, as planned, but their results will be announced earlier and before the end of Greece's bailout program in the summer of 2018.

Competitiveness of Greece’s economy at the same levels as last year

In its report, World Economic Forum (WEF) ranks Greece in the 87th place among 137 countries globally, with respect to competitiveness. Based on 2016 data, the total score for Greece, which has lost one place in this year's ranking compared to last year, is 4.02 out of 7, that is slightly higher than last year's 4. The most competitive countries are Switzerland, the US and Singapore.

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