Bruegel Institute senior economist: Greece needs strong growth to exit memorandum cycle
- Written by E.Tsiliopoulos
Featured
Greece will only fully exit the bailout program and stand on its own two feet with robust economic recovery, Brussels-based Bruegel Institute senior economist Zsolt Darvas.
In an interview with Greece's national news agency, he also emphasized the need for a reduction in skyrocketing tax rates in the country, as well as the ubiquitous call for attracting more foreign investment to the country.
In emphasizing the positive, Darvas cited the over-performance in terms with meeting an annual primary budget surplus, a premature payment of the "expensive" portion of an IMF loan extended to Greece and the country's improved position vis-a-vis sovereign lending markets.
Tagged under
Related items
-
Scattered fire pockets still active, but situation at Stamata fire has improved
-
Actor, director Petros Filipidis detained for alleged acts of sexual assault against fellow actors
-
Greece's letter to UN: Turkish unilateral accusations about militarization of islands completely unfounded
-
Mitsotakis: Greece, Cyprus will never resign from right to self-defense
-
Xenia Kythnos and the Thermal Springs passes to Israeli interests
Latest from E.Tsiliopoulos
- Scattered fire pockets still active, but situation at Stamata fire has improved
- Actor, director Petros Filipidis detained for alleged acts of sexual assault against fellow actors
- Greece's letter to UN: Turkish unilateral accusations about militarization of islands completely unfounded
- Mitsotakis: Greece, Cyprus will never resign from right to self-defense
- Xenia Kythnos and the Thermal Springs passes to Israeli interests