Reforms

The report issued by the Bank of Greece explains that the implementation of the EU Recovery and Resilience Plan for Greece will expedite recovery.

Prisons must ensure basic security and follow the basic tenets of humanism. Their goal must be the social re-integration of prisoners.

The Bank of Greece rang the alarm bells over the danger of fiscal derailment due to Greece’s Council of State rulings which deemed unconstitutional earlier pension cuts and the abolition of holiday bonuses.

'Over the past few years, people in Germany, myself included, have sympathised deeply as Greece has fought to repair its economy,' Weidmann said.      

'Today we can safely conclude the ESM programme with no more follow-up rescue programmes, as for the first time since early 2010 Greece can stand on its own feet,' said Eurogroup chief Mario Centeno

The situation does not permit much optimism. The structural characteristics of the economy have not improved. Public administration is not trustworthy and the judiciary is dysfunctional.