Economic resilience and risks for Greece

'Greece is on track for a modest primary budget surplus in 2023, which is a remarkable turnaround from just a few years ago,' Mathias Cormann, secretary-general of the Organization for Economic Cooperation and Development, tells Kathimerini. [AP]

The establishment by the Organization for Economic Cooperation and Development (OECD) of a research center on Crete monopolized Secretary-General Mathias Cormann's visit to Athens last week. The center will analyze demographic and migration policies, issues related to the diaspora, as well as individual challenges related to the labor market and the population. However, Cormann's visit included a full agenda of issues on the Greek economy in relation to international developments. In an exclusive interview with Kathimerini, the secretary-general of the OECD speaks ahead of Greece's general elections about the need for a "broad national consensus" on reforms.

He said that rating agencies now believe Greece to be "one step below the threshold" for investment grade and predicts that tourism will continue to do well in 2023. He considers that the country's targets for primary...

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