The package provides a blueprint for sharply reducing fiscal imbalances and for the undertaking of structural reforms. It will set-off positive growth dynamics that will, among other things, lower the debt-to-GDP ratio. The growth potential of the Greek economy is enormous.
It is my firm belief that the present crisis will prove to be the catalyst that will reshape the economy, making Greece a competitive and prosperous member of the euro zone. It is also my firm belief that it will not be long before articles again start talking about the euro’s strong position as an international currency.