Greek Finance Minister Euclid Tsakalotos on Friday briefed his counterparts during a Eurogroup meeting here over the latest economic data showing that the condition in Greece is improving rapidly.
Finance ministry sources told ANA that after a positive growth rate recorded in Greece in the second quarter of 2016, this trend will be continued in the following quarters of the year, to achieve a 0.3 pct economic contraction rate at the end of the year.
The same source said that a discussion in the Eurogroup meeting for Greece was made in a good climate, with a broad consensus that it was to the benefit of all sides to complete all prior actions the soonest possible and to agree the disbursement of the 2.8-bln-euro sub-tranche. Additionally, the Greek minister raised the issue of measures to relief the Greek debt and pressed for the immediate implementation of short-tem measures and the defining of the medium-term measures. The source said that all 18 ministers agreed with this need. Tsakalotos also briefed his counterparts that 1.5 billion euros from the previous tranche have been given to repay state arrears to the private sector, achieving a target set by the Eurogroup.
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