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GreeceBusinessState Minister Skertsos: Greece has accelerated reforms, gained credibility

State Minister Skertsos: Greece has accelerated reforms, gained credibility

Hellenic News of America
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“After September-October, we have increased the rate and speed of reforms,” Minister of State Akis Skertsos stated in an interview with SKAI television on Sunday, listing the actions either completed or underway and concluding: “Greece is now becoming credible”.
The interview touched on a number of issues, including the postal vote, the recent improvement in relations with Turkiye and the efforts to build relations of confidence between the two neighbours, as well as economic policy and efforts to address the flagging birth rate in Greece.

Skertsos highlighted the good news on the economic front, especially the upgrade of Greece’s credit rating by Fitch, which was the fourth consecutive upgrade that returned Greece’s rating to investment grade.

“This means that the recovery of investment grade is now finally sealed after a full 14 years…this means more investments in the country, more jobs, higher incomes. Only through additional growth can incomes and pensions increase,” the minister said, adding that Greece “is now becoming credible”.

He also welcomed the drop in the unemployment rate to below 10 pct for the first time in 14 years, especially among young people and women, while stressing the need to raise the real income of Greek households and deal with the problem of high prices.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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