ENGLISH

Economist Pissarides on Greek economy

Δημοσίευση 20 Ιανουαρίου 2011, 11:36 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Economist Pissarides on Greek economy
Facebook Twitter Whatsapp

Cypriot Economist Christopher Pissarides, who was awarded the Nobel Prize in Economics in 2010, said here on Wednesday that Greece will succeed in overcoming its present economic crisis and enter a new path of growth.

Cypriot Economist Christopher Pissarides, who was awarded the Nobel Prize in Economics in 2010, said here on Wednesday that Greece will succeed in overcoming its present economic crisis and enter a new path of growth.

Speaking during a press conference held at the Cyprus University and responding to a relevant question by the ANA-MPA, Pissarides said:

"As I can see there is determination on the part of the Greek government, which is advancing on the right path. I do not think that it (the country) will go through a new crisis, unless something unexpected happens which we can not see now."

"A great deal of work is needed and mostly long-term reforms are necessary for an exit from the current crisis," Pissarides added.