Greece - The Odyssey to Reinvention

Foreign Policy, Aug 11, 2017
by Sally Crail and Alice Tozer

All signs suggest that the Greek economy is on its way back to growth, after seven years of recession, during which the country lost more than a quarter of its GDP. 2017 has already seen its economy grow by 0.4% in the first quarter and the country’s government is forecasting increases of close to 2% for both this year and the next – a target the European Commission sees as realistic and which became even more so with the Eurogroup’s recent completion of Greece’s bailout program review.

“We have completed the most difficult reforms, not only in technical terms, but also politically.”
Nikos Pappas, Minister of Digital Policy, Telecommunications and Media.

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