x

Economy

Greek Economy well on Track, European Commissioner for Economy Says

February 13, 2020
ANA

BRUSSELS – European Commissioner for Economy Paolo Gentiloni said on Thursday that the Greek economy is well on track.

Gentiloni made the statement during the presentation of the Winter 2020 Interim Economic Forecast for the EU economy.

Asked how he would describe the situation of the Greek economy after his recent visit to Greece, he said that the Greek economy has suffered a lot and conditions were diffucult for many years, but now it is well on track.

He underlined that there was a positive climate and a positive impression in the country during all his meetings. He explained that this does not mean that all problems have been solved but the results are positive and the impact on financial markets are clear.

Gentiloni estimated that the last visit of the EU mission to Greece will end with a positive report, which will clear the way in June so that the Eurogroup can take a positive decision on Greece’s likely use of the EU FSMPs for investment.

RELATED

ATHENS - While scores of thousands of Greeks fled the country during a near decade-long eonomic and austerity crisis, seeking jobs and a better life in other countries, a relative handful are coming back, along with foreign investors drawn by low taxes.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Woman Fatally Shot while Pushing Stroller on Upper East Side

NEW YORK — A 20-year-old woman was fatally shot Wednesday night while she pushed her infant daughter in a stroller on the Upper East Side, police said.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.