A very optimistic Greek Prime Minister appeared before high-ranking officials from Arab states and representatives of ten chambers of commerce, fifteen investments funds, forty companies and financial institutions from the Arab world.
Speaking at the first “EU-Arab World Summit-Partners for Growth and Development” in Athens on Thursday, Alexis Tsipras said among others that Greece is at a crucial turning point and is now “dynamically emerging from six years of economic crisis.”
He referred to the steps that under way to implement the decision for the Greek Debt Relief and later Greece’s participation in the ECB’s Quantitative Easing program.
“In December, decisions for the direct intervention measures in the Debt issue will be taken and our firm point of view is that immediately afterwards, the debate should start about the future necessary measures with regards to the level of primary surpluses from 2018 onward.”
The prime minister said that “at the same time, the way for Greece’s participation in the ECB’s quantitative easing program will start,” and stressed that “this is a very important step for the country’s return to the markets and the final unblocking from the loan agreements that are accompanied by austerity bailouts.”
Having referred to the necessary steps to ensure and achieve high growth rates in the Greek economy, Tsipras stressed that “the reduction of primary surplus targets as of 2018 will help to release resources necessary to reduce the tax burden to individuals and businesses, to increase investment and to strengthen the social policies.”
Alexis Tsipras highlighted the emphasis the country fives to development which “will be free from the ills and shortcomings of the past,” as he stressed.
He invited all participants to invest in Greece and spoke of “huge possibilities” Greece offers “for mutual beneficial investments.”
He also stressed “the geostrategic importance of Greece which functions as bridge and crossroads between Europe and the Middle East.”
PS And Peace in the World 🙂
Can anybody give me his dealer’s number? I have to try that pot. I must!
Of course we all know what quantitative easing is ..
The question is .. has Greece got enough tax payers to allow is the security necessary to participate ..
AFTER ALL UNEMPLOYMENT IS MASSIVE .. NOT ONLY IN GREECE BUT THROUGHOUT THE EUROPEAN UNION MEMBER COUNTRIES.
in reality .. no one qualify’s for quantitative easing .. because they are broke.
The miserable, uneducated boy just went there to read (was it in English?) the propaganda sheet Merkel’s advisers prepared for the South East colony of the 4th Reich. There is a question however: is he that stupid to believe what he said? I don’t think he is, and this may even be worse.