Gurria said the Greek government privatization program was ambitious and noted it was linked with growth and that combined with economic reforms, it could contain the country’s debt to below 60 pct of GDP by 2035.
"The effort you are making is making sense. It is feasible to succeed and we are here to help you succeed to stop this uncertainty and negative climate created by the crisis," the OECD’s chief said.
Greek Finance Minister Evangelos Venizelos said the message sent by Gurria towards markets and the world was simple and clear: "Yes, Greece can", adding that Greece must not only succeed in having a sustainable public debt, but also the state and the society. Commenting on European help to boost economic growth in the country, Venizelos said "a European Marshall Plan for Greece has already begun".
He reiterated that the domestic banking system was stable and stressed that there are guarantees of the liquidity and capital adequacy of banks, even of the smallest ones.
Development, Competitiveness and Shipping Minister Mihalis Chryssohoidis said that "at last, the Greek economy has begun producing good news and that’s the basic thing we must hold on to in OECD report".