The head of the ESM stressed, however, that “we must remain vigilant”
The Greek economy made significant progress in the last decade, which continued during the pandemic and the energy crisis, said the Executive Director of the European Stability Mechanism (ESM), Pierre Gramegna, after the meeting he had in Athens with the Minister of Finance, Christos Staikouras, in the context of his visits to the ESM member countries.
This progress, he said, was made because the Greek economy is now structurally better prepared to face uncertainties compared to the past, thanks to the reforms implemented by the Greek governments in the past years.
“I would like to start by congratulating the Greek government, the Greek people and especially you, Christos, for the impressive results of your economy, which you informed us about in the last two Eurogroup meetings, which I attended in my new capacity,” he noted. Mr. Gramenia at the beginning of his statements.
The head of the ESM stressed that “we must remain vigilant”. “Preserving the strong gains of the past, keeping fiscal policy on a sustainable path and sticking to reforms will help the Greek economy prosper,” he said, adding that all of this is also necessary to maintain investor confidence.
The ESM, he added, is a long-standing partner of Greece that shares the country’s goal of prosperity for all Greeks, by creating jobs and helping the economy to modernize and grow.
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