BUSINESS

Regling calls for supporting growth and market confidence

TAGS: Economy

The managing director of the European Stability Mechanism, Klaus Regling, met on Wednesday with Prime Minister Alexis Tsipras during his official visit to Athens.

The eurozone official stated that the common target of Greece and its creditors now is to regain the confidence of the markets and to have the bailout program completed by mid-2018.

"You have gone a long way and this is very positive, I am very happy about it. The cuts and the painful reforms are behind us. You may now focus on strengthening growth prospects. This is the new target and it is good for the Greek economy and the Greek people," said Regling.

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