Minister of Finance Mr. Gikas Hardouvelis made a new announcement through the Athens News Agency, in relation to the future of the Greek economy.

In his statement, which is a overhang of his interview to Bloomberg, in which he ruled out the erasure of the debt as a solution to the Greek problem, Mr Hardouvelis made clear that: ” We are nearly at the end of the Memorandum. Greece is not in need of a third aid package, as already has made its first steps in back in the market and will continue to do so, closing the market yield curve”.

There were many investors at the conference, which showed great interest on investing in Greece. They want to do so, because they are able to see the prospects of the Greek economy. There is no risk of going downwards, only the opposite. And the prospect of growth is supported by the fact that Greece is succeeding. A development rate of 3% is due in 2015.

Further, the Minister of Finance stated that : “Our European partners will help us so succeed, because their motive is for us to do well, so we are able to repay our debt. The structural reforms will continue and the citizens will concur in to the reforms as they will see for themselves that slowly their income will grow.
Finally, in his reply on if there is any chance of a new memorandum, Mr. Hardouvelis ruled out third memorandum as well as third aid package.