BoG Gov. Stournaras: Next gov’t must boost competitiveness; achieve primary surpluses
- Written by E.Tsiliopoulos
The next Greek government’s primary obligation will be to improve economic competitiveness and productivity, and to return to primary surpluses, Bank of Greece (BoG) Gov. Yannis Stournaras underlined on Tuesday.
Speaking at a forum on banking organized by the national Institute of Internal Auditors, Stournaras said conditions are necessary for the country to achieve and maintain a coveted investment-grade rating, namely: implementation of a reforms program to improve structural competitiveness and increase the total economic productivity, as well as a return to primary, structural fiscal surpluses, one that will at least reach 2 percent of GDP.
He also cautioned that despite progress achieved in several economic fronts over the last few years, the Greek economy continues to be plagued by chronic structural problems that burden structural competitiveness.
Related items
-
The programs for hosting diaspora children by the General Secretariat of Hellenism Abroad continue
-
Anne Hathaway: In Hydra for a vacation with her family
-
Pyrros Dimas: Photographed with Snoop Dogg in France
-
Tourists in Skiathos continue dangerous habit of sitting in back of planes while turbine kicks on (video)
-
Dendias after LoA signing: acquisition of F-35s will lead Hellenic Air Force into a new era
Latest from E.Tsiliopoulos
- The programs for hosting diaspora children by the General Secretariat of Hellenism Abroad continue
- Anne Hathaway: In Hydra for a vacation with her family
- Pyrros Dimas: Photographed with Snoop Dogg in France
- Tourists in Skiathos continue dangerous habit of sitting in back of planes while turbine kicks on (video)
- Dendias after LoA signing: acquisition of F-35s will lead Hellenic Air Force into a new era