Progress in Greek economy should not be held up, says BoG chief Stournaras
- Written by E.Tsiliopoulos
Bank of Greece (BoG) governor Yiannis Stournaras on Friday made an intervention on the government's negotiation with the country's lenders within the context of the second review of the Greek programme.
On the occasion of the presentation of BoG's mid-report on Monetary Policy on Friday, Stournaras said "the progress recorded in the Greek economy should not be intercepted and for this reason whatever differences must be solved on the negotiation table and in a climate of good cooperation with the institutions and the partners".
The consistent implementation of the programme will facilitate the decision making for the long-term and mid-term measures that will safeguard the public debt's sustainability and the Greek national bonds inclusion in ECB's quantitative easing programme. This will pave the way for the total return of the Greek state and of the Greek enterprises to the international markets.
Bank of Greece's report foresees that the country's GDP will increase by 2.5 percent in 2017 and the acceleration growth rate to reach 3 percent in 2018 and 2019.
