During his visit in New York City for the 74th annual United Nations General Assembly, Greece’s Prime Minister Kyriakos Mitsotakis featured on live television in an interview with Bloomberg TV.
While on the air, Mitsotakis discussed various aspects of Greece’s struggling economy and how his administration plans to alleviate financial difficulties.
He described economic growth as the primary issue plaguing the country following a decade of severe recession and crises. But he said that foreign investors are beginning to warm up to Greece.
“Investor sentiment is clearly moving in the right direction…” he said. “Overall I think there is a sense of optimism around Greece which allows us to push forward with our agenda in a much more aggressive manner.”
That agenda, he explained, includes reducing taxes, facilitating investments, fixing “banking problems” and making Greece the “success of the Eurozone” in the next three to four years.
Between 2010-2018, Greece received $320 billion to stay alive during economic crisis. The government has repaid a large portion of IMF loans but still owes slightly less than $10 billion.
Mitsotakis said that Greece intends to pay the aforementioned loans “as soon as possible” and that the country’s debt will be more sustainable if it maintains higher growth rates.
See the interview
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