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> Economy

Draghi: Clear signs of recovery in Greece

ECB president's 20-word mention of Greece

Newsroom May 8 08:37

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European Central Bank president Mario Draghi spoke of clear signs of recovery in Greece, today.

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Taking stock of the progress of all the countries hit by the crisis and were forced to join Memoranda, Mr. Draghi has devoted 20 words for describing Greece as the one hit most between those in southern Europe and noted the recent bond issuance for the first time since 2010.

Apart from Greece, Mr. Draghi referred to Portugal, one of three eurozone countries that joined the adjustment program, noting that unemployment rates dropped by two points, while not forgetting to mention the “repair” process of Ireland and Spain.

Speaking, finally, on the financial forecast of the coming months, the ECB president stated that they cannot be considered anything other than positive.

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