NEWS

Angel Gurria hails Greek efforts, says ‘there is life after debt’

The Secretary General of the Organisation for Economic Co-operation and Development (OECD), Angel Gurria, praised Greece’s efforts during the ongoing crisis on Wednesday, as he presented the organization’s report on Greece to Prime Minister Antonis Samaras at the Maximos Mansion.

The OECD head congratulated the Greek premier and noted that Greece topped the global list with regard to structural reforms.

Earlier in the day Gurria met with PASOK chief and Deputy Prime Minister Evangelos Venizelos. During the meeting Gurria referred to Greece’s “impressive adjustment program” and the “spectacular reversal in the balance of payments” as well as the country’s primary surplus. “There is life after debt,” said Gurria.

Speaking to the press after the meeting Venizelos said that the OECD report pointed to the fact that the Greek debt was sustainable.

Meanwhile, Gurria was also expected to meet with Finance Minister Yannis Stournaras and Development Minister Costis Hatzidakis before delivering a keynote speech at a Constantinos Karamanlis Institute for Democracy function on Wednesday evening.

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