Greece will recover: IMF rep

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Greece’s IMF representative Michalis Psalidopoulos, has expressed confidence that Greece will overcome its economic woes and return to a path of recovery and full employment.

Psalidopoulos expressed his views to Greek media on the sidelines of a 3-day event organised by the German Academic Exchange Service (DAAD) held from 30 September to 2 October at the Institute of Goethe, in Athens.

"I am by nature optimistic although I recognize the difficulties and I believe that slowly but surely we will manage to persuade our European partners for the impasse of the unilateral austerity policy. We will manage to overcome the existing problems and get on track to recovery and full employment. It is possible to do that in the upcoming period provided that we are committed to our daily effort and correct any actions that do not lead to the desired result,” he concluded.

Professor Michalis Psalidopoulos is Professor of Economics at the University of Athens, held the Karamanlis Chair in Hellenic and European Studies at The Fletcher School/Tufts University and currently serves as the Alternative Executive Director for Greece and several other countries at the International Monetary Fund.

GCT Team

This article was researched and written by a GCT team member.

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