London, Thanasis Gavos

The Financial Times points to the success of Greece and the eurozone region after the successful bailouts, which shows the value of consistent reforms.

Greece, they note, is the first to increase GDP per capita in 2019-2024 with 11% (IMF data).

“Greece’s success story disproved the doomsayers and hotheads of 2015 when there was a brief flirtation with exiting the economic zone under the populist SYRIZA government”, he says characteristically, referring by name to a refutation of Varoufaki’s warnings about debt prison.

Now Greece not only has the fastest growth since the Eurozone MO, but also recorded the primary surpluses required by the bailout plans.

He also cites a rebuttal to Schauble and what you are doing today cannot say that a chaotic Grexit was the preferred outcome.

The lesson, writes the columnist, is the value of solidarity in Europe that allows public debts to be put on a sustainable basis with the help of other states that can.

Now France and Germany have to take the medicine they willingly prescribed then, observes the columnist.

Economist

At the same time the Economistranks 37 economies (Q4 2023-Q3 2024) based on performance in five categories.

Greece is in third place together with Denmark, behind Spain and Ireland, while Italy comes fifth.

In terms of GDP growth, Greece comes second with 3.7%.

In terms of share purchase value, it almost approaches the average of the relative ranking with 10.6%.

It is 22nd in terms of structural inflation, at 3.5%.

It is in a good position in terms of unemployment (5th), with a decrease of 0.6% and 4th in primary surplus with 2.1%, based on IMF data/