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Greece can bounce back in 2 years

07-07-2010 13:49 BJT Special Report: Europe's Debt Crisis |

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Greece is looking to return to growth in two years time. The debt-riddled country is hoping to achieve this through a series of new policies.

One of the key tools of recovery is the new draft bill on development. The bill will be tabled in parliament in late July, and focuses on green development, boosting competitiveness and attracting investment.

This year, Greece came to the brink of bankruptcy due to a budget deficit of 13.6 percent of GDP. But now the officials are confident that bold measures will save the Greek economy, and steer it towards a brighter future.

Editor:Xiong Qu |Source:

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