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BoG: Latest developments in Greek economy positive

Bank of Greece (BoG) Yannis Stournaras this week appeared optimistic over the Greek economy’s prospects, saying developments were more positive in the country than previously.

Stournaras referred to figures now in the BoG’s hands, in briefing the Greek President Prokopis Pavlopoulos on Tuesday.

In reference to a comment by the figure-head Greek president over the need for a stronger role by the ECB, Stournaras emphasized that the European Central Bank’s (ECB) monetary policy “bears much of the weight today for the Eurozone’s stability”.