EU Commissioner Moscovici sees first signs of Greece’s stabilisation
ΣΧΕΤΙΚΑ ΑΡΘΡΑ
BRUSSELS (ANA-MPA/Chr.Vassilaki) – The European Commission’s winter estimates show the first signs of stabilisation of the Greek economy, EU Commissioner Pierre Moscovici said on Thursday.
He underlined that despite the fact that Greece will record recession in 2016, it will be smaller than expected in the autumn forecast, which, as he said, is a “positive development.” Despite the difficult last year, these are the first signs of recovery, said the French Commissioner and added that “the improved forecasts should not stop the efforts or lose the last months’ momentum.”
“The implementation of reforms is the key,” he noted. Moscovici did not hide, however, his concern over the negative impact of a possible new resurgence of the Greek crisis on the world economy.
Referring to the negotiations held in Athens between Greek authorities and the representatives of institutions, he said that the Commission will continue “its pressure to quickly complete the first program review”, stressing, however, that “both sides share the responsibility.”