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Athens Expects Greek Economy to Return to Growth in Second Half Of 2016

© AP PhotoGreece Bailout
Greece Bailout - Sputnik International
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Athens expects the Greek economy to return to growth in the second half of 2016, Greek Prime Minister Alexis Tsipras told Sputnik.

MOSCOW (Sputnik) — Athens expects the Greek economy to return to growth in the second half of 2016, Greek Prime Minister Alexis Tsipras told Sputnik.

"Economic indicators turned out to be much better than forecast. We expect that the Greek economy will be back on a path of growth in the second half of 2016. Especially after the recent positive outcome of the Eurogroup meeting and the expected increase in investment activity with the adoption of a new investment law, we are convinced that we will exceed expectations once again," Tsipras said.

The Greek creditors — the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) — known as the Troika had been at odds for six years over the sustainability of Greece's three bailout programs.

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