Bank of Greece sees potential for recovery, urges calm in negotiations

EconomyMacroeconomy Tags: Banking, BoG, NPLs
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

In its interim Monetary Policy Report published on Friday, the Bank of Greece (BoG) called for a swift conclusion to the second programme review and implementation of reforms and privatisations.

On the domestic front, risks relate to the excessive red tape, minor or major vested interest and opposition from local stakeholders that weigh on the business environment and investment. In addition, BoG calls for an improvement in the fiscal policy mi...

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