ECB head says overall situation in Greece has significantly improved

The overall situation in Greece has significantly improved in terms of economic growth and employment, the head of the European Central Bank Mario Draghi noted on Monday, responding to a relevant question by SYRIZA MEP Dimitris Papadimoulis.

Draghi also stressed that the implementation of many of the measures in the third review of the bailout program is currently bearing fruit, the spreads of Greek bonds have lowered and the markets are responding positively to the debt swap news.

ECB’s chief was speaking during a meeting of the told the Committee on Economic and Monetary Affairs (ECON) of the European Parliament.

Source: mignatiou.com

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: DaveOinSF~commonswiki License: CC-BY-SA

Source: protothema.gr

 

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