Bruegel Institute senior economist: Greece needs strong growth to exit memorandum cycle
- Written by E.Tsiliopoulos
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
- Greek bases to hosts largest NATO air exercise this Fall.
- Far right deputy punches another far right MP, lands in jail, faces prosecutor
- Sakellaropoulou: The victims of the Armenian genocide must never be forgotten
- PM Mitsotakis at 'Aegis' event: 'The first time so much funding is spent on preventative actions' for climate crisis
- Eleni Tsolaki trolls herself after Elon Musk's comment: I have a proposal to take over as CEO of Twitter
Latest from E.Tsiliopoulos
- Greek bases to hosts largest NATO air exercise this Fall.
- Far right deputy punches another far right MP, lands in jail, faces prosecutor
- Sakellaropoulou: The victims of the Armenian genocide must never be forgotten
- PM Mitsotakis at 'Aegis' event: 'The first time so much funding is spent on preventative actions' for climate crisis
- Eleni Tsolaki trolls herself after Elon Musk's comment: I have a proposal to take over as CEO of Twitter