×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
17
Feb 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greek FinMin Tsakalotos: We will be a failure if economic recovery not visible in a year

'Brexit' a bad thing, he says

Newsroom June 15 06:35

Greek Finance Minister Euclid Tsakalotos admitted that the Greek government will have failed if no signs of economic recovery were visible in a year. In an interview to ‘Euronews’, Tsakalotos made reference to a ‘road map’ of exiting the crisis that included the recapitalisation of the Greek banking system, the completion of the review and a promise for the debt reduction. ‘I believe that the May 24 Eurogroup decision will lead to the end of the review and the disbursement of the tranche’, he said. Regarding the agreement on the debt, Tsakalotos made it clear that Greece’s gross financing needs would not exceed 15% of GDP. The Greek Finance Minister admitted that the package of austerity measures was front-loaded and pledged that his government would unravel its growth policies. Tsakalotos said the Greek government’s efforts would be enhanced when Greece entered the ECB’s quantitative easing program, while commenting on the ‘Brexit’ he said the best thing would be for the UK to stay in the EU.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Pierarakis: Eleni Glykatzi-Arveler was the most tangible proof of the power generated by dedication to knowledge

February 16, 2026

The execution of the 200 in Kaisariani by German occupation forces: The stories and relics of the fallen

February 16, 2026

St. Peter’s Basilica Square to fully open to the public, café to double in size, real-time booking system to be introduced

February 16, 2026

Over 70 non-governmental organisations oppose the European migration reform plan

February 16, 2026

The great Byzantinologist Eleni Glykatzi-Arveler died at the age of 99

February 16, 2026

Alexis Tsipras presents “Ithaki” in Larissa today

February 16, 2026

Greece–Turkey in “calm waters” until the elections, following the Mitsotakis–Erdogan meeting in Ankara

February 16, 2026

Kilauea Volcano erupted again: the lava jets reached 400 metres, see video

February 16, 2026
All News

> World

St. Peter’s Basilica Square to fully open to the public, café to double in size, real-time booking system to be introduced

These changes—whose implementation date has not yet been specified—are part of the initiatives marking this year the 400th anniversary of the inauguration of St. Peter’s Basilica, the largest church in the world and the global center of Catholicism

February 16, 2026

Over 70 non-governmental organisations oppose the European migration reform plan

February 16, 2026

Kilauea Volcano erupted again: the lava jets reached 400 metres, see video

February 16, 2026

Logan Paul sold a rare Pokemon card for the astronomical sum of $16.5 million

February 16, 2026

The Kremlin “categorically rejects” the finding on the murder of Navalny with poison

February 16, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα