Yorgos Houliarakis

The new government undoubtedly renewed expectations for the improvement of economic conditions and created a suitable environment for more rapid growth.

By all accounts the economic climate improved after the 7 July general elections.

Μακεδονικά προϊόντα : Τι αλλάζει στο σήμα ώστε να τα διαφοροποιεί από αυτά των Σκοπίων

Eurogroup President Mario Centeno ahead of today's meeting of ministers praised Athens' ability to exceed primary surplus targets and said that this achievement has been accompanied by economic growth

The government's decision to reverse its anti-bailout memorandum tactics in order to sign the third bailout memorandum is well known.

After adopting an unrealistic stance in negotiations with European partners and other creditors in the first six months of 2015, which nearly brought total disaster upon the country, the first Tsipras government was forced into a disorderly retreat.

The government may be denying that there was an ultimatum from lenders for a quick and convincing answer on Athens’ part on their agreement proposals, but evidence shows that things are tending to take on a downwards, ever-speeding spiral, which in turn requires delicate and lightning-fast handling by the Greek government in order to avoid an uncontrollable crisis.