A recovery trend of the economy is expected to be supported and enhanced through the inflow of investment funds and the Public Investment Program, improving liquidity conditions in the banking system and further restoring a climate of confidence, Environment and Energy Minister George Stathakis said.

Greece needs to adopt a “second generation” of reforms as the policy mix followed during the crisis didn’t favour economic growth, Finance Minister Euclid Tsakalotos said on Thursday during a debate in a panel on structural reforms, at the Brussels Economic Forum.

Commissioner Olli Rehn cautioned that the reform process in is slowing down and that Greece must accelerate to meet important milestones under the fiscal adjustment program.