Displaying items by tag: bank of greece

The new tax measures provide “breathing room” for households, but additional interventions are needed to address the country’s demographic problem, according to the Financial Stability Report presented yesterday by the Governor of the Bank of Greece, Yannis Stournaras.

The Bank of Greece revised upwards its forecasts for Greek economic growth this year. Yannis Stournaras, the central bank's governor, presenting the bank's annual report, said that the Greek economy will grow by 2.2% in 2023 and the inflation rate will fall to 4.4%. The state budget is expected to record a primary surplus of 0.7%.

Greece is on the threshold of regaining investment grade after 12 years, declared the Governor of the Bank of Greece Giannis Stournaras to the Financial Times, while calling on the country's next government to maintain fiscal prudence.