The end of the Greek bailout program in August 2018 is on the horizon, and things are looking brighter than they have for some time. Greece’s GDP grew by 2.3% YoY in the first quarter of this year, marking their fifth straight quarter of expansion and the highest reading in the last decade. Exports from the country are also rising quickly, up 9.5% for the quarter, while imports are down 2.7%. Positive numbers like these are especially crucial right now as Greece edges toward exiting its bailout phase, and new signs of improvement are emerging all across the economy. Foreign investment is returning, more infrastructure projects are being planned, and tourist arrivals are booming. Most encouragingly, the Greek financial sector finally appears robust enough to start shedding capital requirements and resuming normal lending practices . . .

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