Greece’s Economic Recovery Impresses Global Leaders at IMF and WBG Meetings

Greece was hailed as a positive development in the European economy during the Spring Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), according to National Economy and Finance Minister Kostis Hatzidakis. During the meetings, representatives from global organizations, financial analysts, and investment banks recognized Greece’s economic growth and stability as a pleasant surprise in the European economy.

Hatzidakis emphasized the importance of continuing efforts to create new job opportunities and improve the quality of life for all Greeks. He held separate meetings with key figures such as IMF Managing Director Kristalina Georgieva, Director of Fiscal Affairs Vitor Gaspar, and Director of the European Department Alfred Kammer. Additionally, he participated in a working lunch hosted by Georgieva for ministers from advanced European economies to discuss strategies for enhancing competitiveness in Europe.

Through these meetings and discussions, Hatzidakis engaged with officials from investment banks and credit rating agencies such as Goldman Sachs President John Waldron and Citigroup Vice Chairman Jay Collins to discuss prospects for Greece.

Overall, Hatzidakis highlighted that Greece’s economic trajectory was recognized positively at the meetings. The focus on creating opportunities for development and progress underscored the importance of continued efforts to foster a stronger, more prosperous economy for all Greeks.