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Tsipras: Greece's economic situation has radically changed

Tsipras: Greece's economic situation has radically changed

"The image of the country has significantly changed, unemployment has dropped by seven points in three years and youth unemployment is close to 20 points. 350,000 new jobs have already been created and this figure is expected to increase significantly this year as well as in the coming years," the prime minister said on Thursday during the off the agenda debate at the parliament plenum on the economy.

"Fiscal targets for each year of the third programme have been overcovered. And this was achieved without significant cuts for the majority of the society. Moreover, after almost a decade, Greece shows positive growth rates," he underlined.

"In 2017, GDP grew by almost 1.5 pct and already in the first quarter of 2018 GDP growth was 2.3 pct, ie almost six times the eurozone average, closing at 0.4 pct for the first quarter," Tsipras said adding that Greek bonds are currently at 2006 levels.

"The positive picture is also reflected in the key indices of domestic production," the prime minister explained, citing figures such as the 6.7 pct increase in the industrial turnover index, the increase of almost 30 pct of foreign direct investment in Greece in 2017 and the increase in the total value of exports of goods and services in April 2018, by 11.6 pct.

"And all these are only the beginning of a course that will accelerate. Especially after the decisive - and I would say historic - recent decision of the Eurogroup," he said.

Source: amna-mpa