The Greek economy has proven resilient to strong shocks, despite coming from a long and painful ten-year crisis, Finance Minister Christos Staikouras said after meeting in Athens with European Stability Mechanism (ESM) chief Klaus Regling on Thursday, ANA reports.
Following the meeting at the Finance Ministry, Staikouras said the economy “is showing signs of a development dynamic”, something that was recognized in the Eurogroup of March.
Summarizing the results of 2021, the Greek FinMin said the following: recovery was strong, covering almost all losses of 2020; the GDP composition was improved, as there was a significant rise in investments and exports; the economic climate and confidence were boosted; turnover in businesses exceeded that of 2019; available income was supported; unemployment shrank; deposits rose; nonperforming loans in bank portfolios were reduced; and the economy was upgraded.
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