The climate has changed for Greece in the past six months, Finance Minister Euclid Tsakalotos announced on Friday, during a press conference in Ioannina where he is attending an event on productive reconstruction.
“We are in a good path to close the [third program] review and start serious talks, to clarify what we will receive on debt and what will be the nature of our exit from the program,” he noted.
Tsakalotos said the yields on Greek bonds have dropped and demand for them has increased. “The climate has changed from the institutions, the investors and I think this will eventually affect the real economy,” he continued.
The minister admitted that in a period of recession and uncertainty it was not easy to investment or take initiatives, adding however that this is the right time for serious talks.
“This will give our comprehensive program a new impetus, which is not just about completing the bailout program, but exiting with a stronger economy, a growth policy that has depth and width and is based on a different growth model,” he concluded.
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Source: ANA-MPA
