Samaras: Greece Entering Period of Recovery

Antonis Samaras (Photo credit: Wikipedia)

Greece now has a stable economy producing tangible results, Prime Minister Antonis Samaras said on Thursday after a meeting in Athens with US Secretary of Commerce Penny Pritzker. According to AMNA, Pritzker, who is visiting Greece and Germany on November 21 and 22, expressed the interest of the United States in Greece΄s economic progress moving forward.

Samaras said it was the first time Greece had a primary surplus, a surplus in the balance of payments, and zero deficit in the trade balance. "These tangible results, along with the anticipation of Greece΄s entering a period of recovery after six painful recession years, are bringing forth significant investment opportunities for Greece," interest in which had already been expressed.

The premier said the two discussed the Transatlantic Trade and Investment Partnership (TTIP), between the United States and the European Union, which will become an object of negotiation between the two continents during the Greek presidency of the EU, beginning with the new year.

Pritzker said that both she and US President Barack Obama are aware that Samaras has taken and will continue to take tough decisions to keep Greece on the path of infrastructural and structural changes in an effort to promote growth and general economic well-being.