NEWS

Draghi optimistic over Greek review

draghi-optimistic-over-greek-review

European Central Bank chief Mario Draghi on Friday appeared optimistic concerning the first review of Greece’s bailout program by the country’s creditors, Bloomberg reported on Friday.

“I’m pretty sure that an agreement will be found, so that the first review could be successfully concluded,” said Draghi at the World Economic Forum in Davos, Switzerland, adding that the Greek government had made “significant progress in making reforms in fiscal consolidation.”

The subject was also discussed during a meeting between Draghi and Greek Prime Minister Alexis Tsipras on Friday in which both agreed that the review should be concluded as soon as possible. The two men also agreed on issues regarding the ongoing refugee and migrant crisis.

Earlier in the day, Draghi noted that the refugee crisis was both a challenge and an opportunity, as migration flows would lead European countries to invest significally.

Meanwhile, following his meeting with Draghi, Tsipras held a 10-minute conversation with Huffington Post co-founder Ariana Huffington, while a meeting with Cyprus President Nicos Anastasiades was also on the Greek premier's agenda.