Provopoulos urges quicker reforms

Greece should speed up the implementation of reforms and its state asset sales program, which can lead to growth and job creation, Bank of Greece Governor Giorgos Provopoulos said Tuesday.

“We have to move more quickly with reforms” as well as state asset sales and real estate development in order to make up for time lost due to a prolonged election period, Provopoulos said at the start of a meeting with President Karolos Papoulias in Athens.

Provopoulos, who is also a member of the European Central Bank governing council, said there has been a “satisfactory” inflow of bank deposits since Greece’s rerun election was held on June 17. [Bloomberg] 

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