Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon

EconomyMacroeconomy Tags: BoG, Debt, GDP, Tourism
Photo by MacroPolis
Photo by MacroPolis

Speaking at the congress of the Association of Greek Tourism Enterprises (SETE) on Monday, the Bank of Greece (BoG) governor Yannis Stournaras repeated his belief that the domestic economic will start recovering in the second half of this year.

Stournaras stressed that if Greek debt is deemed unsustainable, then the anticipated market access in 2018 will not be feasible, adding that discussions on debt relief measures “should start now and be concluded as soon as possible.”

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