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> Economy

US Media on Greek development

Major US newspapers focus on the tourism contribution to the positive image of Greece

Newsroom November 15 10:30

Several American media report the fact that Greece has the “strongest growth” in eurozone in the third quarter of 2014, reaching the 0.7% of GDP, while some highlight the country’s exit from”.

New York Times reports that “Greece after its five year economic disaster managed to have a growth in development of 0.7%. This year the country made a comeback in borrowing from the financial markets and has significantly improved its financial performance”.

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Washington Post  among other characterizes “good news” the fact that Greece “Cures the paralysis” that the six-year downturn caused.

Wall Street Journal reports that “Greece returned to growth following a six year recession makes one of the fastest economic contractions in postwar European history”.

Finally the report concludes that tourism contributed  to a great extend to the positive image of Greece.

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