The swiftest possible conclusion of the second review of Greece’s program was in everybody’s best interests, Greek MEP and European Parliament Vice-President Dimitris Papadimoulis said on Monday, speaking to the Greek radio station “Athina 9.84”. He also commented on the recent tensions with Turkey, noting that Greece should not be drawn into a trap of rhetoric that inflames tensions.
“It is in our interests, since that means Greece will join the ECB’s quantitative easing programme that much sooner and this will give a signal of progress to the economy, but also in [the interests] of the European lenders, who would rather not have our country as a source of controversy in the chain of upcoming elections in the EU,” Papadimoulis said.
He cited a statement by European Commission Vice President Valdis Dombrovskis saying that it would be possible to complete the review before March 20, noting that either this date or April 7 will allow Greece to join the ECB’s QE programme in the spring. This was essential, he added, chiefly because it will allow Greek businesses to borrow at a lower interest rate that will help boost investments and assist the recovery of the economy, thus reducing unemployment.| | | Next → |