Tsakalotos: The markets have discounted the successful exit from the memoranda

“The markets have almost discounted the succesful exit from the memoranda and our development plans aim at a comprehensive plan that will be credible for the markets and the Greek society,” Finance Minister Euclid Tsakalotos said on Tuesday in an interview with ‘Efimerida Ton Syntakton’ newspaper.

He explained that the memorandum signed in July 2015 was a compromise. “It was a mix of reforms so that public administration operates more efficiently, the licencing of companies becomes easier and tax evasion is reduced,” he said.