I believe that Greece can return to growth in the second half of 2016, said European Commission Vice President Valdis Dombrovskis in an interview with VIMA newspaper.
Dombrovskis also underlined that the “top priority is the implementation of the [bailout] programme and the successful completion of the evaluation”. On the debt issue, Dombrovskis referred to longer repayment and grace periods adding that it is “extremely important to ensure that the programme is on the right course when the time comes for the banks’ recapitalisation.
Referring to the migration issue, he said that the new service for the support of the restructuring reforms that the European Commission has created, already offers to Greece the necessary assistance for the management of the migration crisis.
Dombrovskis, who is seen as a hawk on Greece’s struggle to overcome its debt crisis, is expected on Monday in Athens, where he will hold talks with Greek Prime Minister Alexis Tsipras, Finance Minister Euclid Tsakalotos and Economy Minister George Stathakis.
(source: ana-mpa)
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