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BoG governor on monetary policy

Δημοσίευση 7 Δεκεμβρίου 2010, 09:41 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
BoG governor on monetary policy
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Bank of Greece Governor George Provopoulos, speaking before the Parlimentary Economic Committee on Monday in the framework of a discussion on the bank's interim report on monetary policy for 2010, said that "such debt percentages are only met in war periods. We must realise that we are in a state of war. And a battle is necessary, a difficult battle, a laborious one and one of a duration."

Bank of Greece Governor George Provopoulos, speaking before the Parlimentary Economic Committee on Monday in the framework of a discussion on the bank's interim report on monetary policy for 2010, said that "such debt percentages are only met in war periods. We must realise that we are in a state of war. And a battle is necessary, a difficult battle, a laborious one and one of a duration."

Provopoulos expresssed optimism that "we can emerge victors" in the battle for the Greek econonmy's recovery and on the exit to markets after the end of 2011.