Back From The Brink: PM assures Greece-return in 2014
IMF stressed on the fact that more aid of around €10 billion would be required in 2014-2015 for Greece to solidify.
ATHENS:
Greek Prime Minister Antonis Samaras said that he was confident that his country’s economy will show improvement in 2014, following six years of recession. Greece is turning the page on six years of recession and the economy is becoming competitive. Furthermore the international organisations are predicting the start of an economic recovery for Greece in 2014”, he added. He said that he was optimistic that Greece would for the first time in years record a budget surplus in 2013, excluding debt repayments. Samaras said that last year the international media was talking about the ‘Grexit’, but now that has been replaced by the ‘Grecovery’. The EU and the IMF recently praised the Greek government’s progress in turning the economy around, but expressed distress over the delays to a program of privatization and reform. IMF stressed on the fact that more aid of around €10 billion would be required in 2014-2015 for Greece to solidify.
Published in The Express Tribune, September 15th, 2013.
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