G. Stathakis: Greek economy will be restarted before summer

The new Greek Economy, Development and Tourism Minister gave assurances that the national banking system will return to normal soon

The race against time is on for the Radical Left Coalition (SYRIZA) to reboot the Greek economy. Economy, Development and Tourism Minister George Stathakis told newspaper Efimerida ton Syntakton that the Greek economy will definitely be restarted before summer, maybe in the first three months of 2016. “All indications are positive for the growth that have been squeezed in the last period.”

He said that the national banking system will return to normal and trust will be restored with the completion of recapitalization by Christmas.

He said that “today the banks are safer that they were in the past” adding that the danger of haircut on bank deposits is unrealistic.