Greece: A Bright Spot in the European Economy, Praised at IMF and World Bank Meetings

Greece was highlighted as a positive development in the European economy during the Spring Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), according to National Economy and Finance Minister Kostis Hatzidakis. In his statements, Hatzidakis noted that in all of his conversations during the meetings, Greece was viewed as a pleasant surprise in the European economy. Representatives of global organizations, financial analysts, and global investment banks all recognized this positive trend.

During the meetings, Hatzidakis engaged in conversations about the economic growth and stability of Greece with a focus on creating opportunities for development and progress. He held separate meetings with various key figures, including IMF Managing Director Kristalina Georgieva, Director of Fiscal Affairs Vitor Gaspar, and Director of the European Department Alfred Kammer. Additionally, he participated in a working lunch hosted by Georgieva for ministers from advanced European economies to discuss strategies for enhancing the competitiveness of the European economy.

Through these meetings and discussions, Hatzidakis emphasized the importance of continuing efforts to create new and better job opportunities and improve the quality of life for all Greeks. He met with officials from investment banks and credit rating agencies, such as Goldman Sachs President and CEO John Waldron and Citigroup Vice Chairman Jay Collins, to discuss the prospects for Greece.

The positive recognition of Greece’s economic trajectory at the meetings underscored the importance of continuing efforts to foster a stronger, more prosperous economy for the benefit of all Greeks.