12:23 GMT28 January 2021
Listen Live
    Get short URL
    Financial crisis in Greece (197)
    0 44

    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.

    Financial crisis in Greece (197)


    Greece to Finalize First Bailout Reform Review by 2016 - Economy Minister
    Greece's Primary Goal to Restore Industry, Private Sector of Economy
    Eurogroup Expected to Disburse Greece’s $11.5Bln Bailout in Two Tranches
    Greece Will Abide by EU Bailout Terms, Expects Same From Lenders
    economic growth, bailout, economy, Athens, Greece
    Community standardsDiscussion