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4/5/13

Greece: PM: First signs of economic recovery already visible

The first signs of recovery of the Greek economy are already visible, Prime Minister Antonis Samaras stressed on Thursday, addressing a conference on the utilization of EU funds in the next programming period of 2014-2020, budgeted at 36 billion euros.
 
Addressing the 1st National Development Conference for the programming period 2014-2020, jointly organized by the Development Ministry and the European Commission, Samaras said that the year 2013 is a turning point that will lead to growth, given that the results of the measures taken by the government will begin to be clearly visible in the next quarter and become tangible on the market by the end of the year.


Indeed, Samaras made a specific reference to the fact that in February a positive balance between hirings and layoffs was posted for the first time in many years, which he said was a significant sign of recovery.

On the overall course of the economy, the premier said that Greece is not at risk of finding itself outside the Eurozone, but pointed out that the crisis has traumatized the European vision, especially in the South.

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