POST Online Media Lite Edition



 

Greece expects bailout review to be completed this month

Staff Writer |
Greece’s Economy Minister Giorgos Stathakis said he expects the bailout review to be concluded by end of September.

Article continues below






The release of the remaining 2.8 billion euros in bailout cash is seen by mid-October.

In an interview with Skai TV, Stathakis said that the fourth quarter will be “critical” for the economy’s course as if it ends in positive ground that will mean that the recession will be over, after three quarter of positive growth rates.

He also predicted that the economy is set to grow by 2.7% on an annual average basis to June 2017.


What to read next

Greek bailout program enters successful stage
Greece gets positive reform review from EU
Eurozone, Greece fail to agree on bailout, chances to leave euro 50%