PM Tsipras: Radical reforms to create a stable and investment-friendly environment

Greek Prime Minister Alexis Tsipras addressed delegates of the 17th Annual Capital Link Forum in New York on Monday, via a televised message.

“We held tough negotiations, asking for real reforms that promote growth and do not shrink our economy’s potential. We achieved a compromise agreement that, for the first time, entails lower fiscal (primary budget surplus) targets, more European investment resources and a clear commitment for debt relief.” He said these three factors are crucial steps “to restart the Greek economy and tackle the huge unemployment rate, which threatens social cohesion”.

The Greek premier referred to what he called a series of radical reforms aimed at creating a stable and investment-friendly environment, such as tax reform and combatting tax evasion.