High debt and unemployment are the most important problems that the Greek economy is facing, Eurogroup President Jeroen Dijsselbloem told the Economic and Monetary Affairs Committee of the European Parliament on Thursday. Dijsselbloem had good things to say about Greece during discussions of the European Parliament’s Economics Committee, regarding the latest developments in the economy. He stated that there is real progress taking place in Greece. He further underlined Greece’s fiscal progress that has been accomplished due to the sacrifices of the Greek people, adding that the Greek economy will return to growth in 2014. Regarding the possibility of further economic aid, he noted that it would be discussed after the completion of the ongoing evaluation of the Troika, which started in Paris on Wednesday. Dijsselbloem said that results of the decisions taken by the European Central Bank (ECB) in June have not yet been assessed and time is needed, adding that a strong dependence on fiscal policy could involve major long term risks. Finally, commenting on his tenure as Eurogroup head, which ends in July 2015, he clarified that he meant to finish it to the end.
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