Reuters – Greece has made an “enormous” reform effort since its debt crisis broke out and its international lenders must now grant the country debt relief, OECD chief Angel Gurria said on Monday.
“I want to congratulate the entire Greek people for an enormous reform effort, it was a very ambitious reform package,” he said in translated comments. “And these reforms are bearing fruit.”
He welcomed the country’s national growth strategy, which was presented to euro zone finance minister last week, but warned that high unemployment and low investment were still among the challenges that Greece faced.
Tsipras said Greece and the OECD would work together in the post-bailout period and reiterated that Greece does not need any more belt-tighthening but relief measures instead.