Antonis Samaras: Greece returns to growth

GMT 23:11 2014 Saturday ,06 September

Arab Today, arab today Antonis Samaras: Greece returns to growth

Antonis Samaras
Athens - SPA

Prime Minister Antonis Samaras on Saturday said the first signs of growth were emerging in Greece, as the economy was expected to expand in the third quarter for the first time in eight years, dpa reported.
In a speech in the northern port city of Thessaloniki to launch the International Trade Fair, Samaras said that 'although the debt is still high' it will soon be deemed sustainable.
Europe's statistics agency Eurostat has estimated that Greece's debt
in 2013 exceeded 318 billion euros or 175.1 per cent of economic output, up from 304 billion in 2012.
'The debt has started to ease marginally and the drop will soon be greater when measured against gross domestic product,' Samaras added.
'In a couple of years, we have made more reforms than in previous decades,' he said.

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