Olga Gerovasili: Conclusion of this Phase Inaugurates a Period of Stability and Recovery

Olga Gerovasili

“The conclusion of this phase inaugurates a period of stability and turn to recovery,” government spokesman Olga Gerovasili said during her briefing to the press.

By the end of this week the pending measures will be voted by the Greek parliament for the completion of the first review, she stated. The Eurogroup meeting on May 24 will follow along with the disbursement of the tranche provided in the agreement.

Gerovasili underlined that the performance of the Greek economy is “better than expected” as Eurostat’s data have confirmed and noted that the imminent settlement of the state arrears with the disbursement that follows the first review “contribute to the change of the climate.”

Source: ANA MPA