Tsipras: Stability and confidence in Greek economy restored

Monday, July 3rd, 2017
Last Update: 15:30
We have an agreeent and it is widely acknowledged that it is a good agreement, Prime Minister Alexis Tsipras said on Monday during a pre-agenda discussion on the economy held in Parliament, ΑΜΝΑ reported.Those who have to apologize are the pseudo-prophets of the disaster and not the government that reached the agreement and concluded the programme review, the prime minister said.

Stability has been restored as well as the confidence in the Greek economy, Tsipras stressed.

The Greek economy improves its position and very soon it will return to competitive and sustainable levels in terms of its lending, noted Tsipras.

He also underlined that "the agreement is a positive landmark towards the conclusion of the programme" because as he stated "if includes, for the first time, commitments not only promises for the settlement of the Greek debt."

The debt settlement measures will start to be implemented immediately after the conclusion of the programme, noted Tsipras.

He also said that the investors know how to read the agreement and for this reason they "throw any scaremongering attempts in the dustbin."

Greece΄s return to the markets would not be feasible without the debt settlement, Tsipras stated adding that the government΄s negotiation lowered the primary surpluses and made the lenders commit on the debt settlement.

He also said that the terms and conditions for sustainable and definite return to the markets have been formed adding that the government΄s plan on the reduction of unemployment is bearing fruit.

Tsipras referred to the building of the social state reminding the offset measures voted by the government which will start to be implemented from 2019.

The premier noted that the target for the primary surplus will be met and the offset measures will be implemented.

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