Economy Minister Stathakis: Greece’s full inclusion in the ECB’s QE program will constitute a powerful symbolic move

Greece’s full inclusion in the European Central Bank’s quantitative easing (QE) program will constitute a powerful symbolic move for the country’s return to the markets, Economy Minister Giorgos Stathakis said on Saturday in a speech at the “Capital + Vision” conference in Athens.

“The Greek economy is heading towards recovery and we can now safely say it will exit recession and achieve a growth rate of 2.7 percent and higher in the next 12 months,” the minister said, adding that through the country’s inclusion in QE, banks will immediately feel the benefit and will also mean the full equation of the Greek banking sector with the European.

He also said resolving the debt issue is very important for investors who make long-term plans.

On Tuesday (Oct. 25), Stathakis will visit Rome to attend an investment roadshow organized by Enterprise Greece and Confidustria, Italy’s Industrialists’ Union. The minister will aim at attracting investors to Greece by presenting the recent developments in the economy, the simplification of the operation framework for businesses and the financing tools.