Home » GREECE » Stournaras: Second review’s delay calls into question the goals for 2017

Stournaras: Second review’s delay calls into question the goals for 2017

Second review’s delay calls into question all the development, budgetary and financial goals for 2017.

This was the warning that Governor of the Bank of Greece, Yannis Stournaras, gave as he spoke at the conference of Parliamentary Budget Office.

He also noted that with the achievement a 2% primary surplus at State Budget of 2016, Greece has already covered the 90% of distance that is demanded for 2018.

Referring to the prospects of further growth, Governor of BoG underlined the value of foreign direct investments and mentioned that before crisis investments in Greece reached 24% of GDP while now are at 11%.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

test