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Government insists stock market debacle does not reflect economy

The stock market's course on Wednesday does not correspond to the Greek economy's fundamentals and the banks' situation, government spokesman Dimitris Tzanakopoulos said on Thursday in an interview with '105.5 Sto Kokkino' radio station.

He also said that the government and all economy-related ministers are closely monitoring the figures of the Greek economy.

He underlined that the Greek economy is performing well, it has been on recovery track for more than six consecutive quarters, the macroecoonmic environment is significantly improved and the primary suplus targets are being met while banks completed the stress tests process and meet the targets for non-performing loans.

Tzanakopoulos stressed that the government has a clear plan to further boost confidence in the Greek economy and the Greek financial system.