The Governor of the Bank of Greece Giannis Stournaras met today in Athens with the Commissioner for Economy, Productivity, Implementation and Simplification Valdis Dobrovskis.
The two institutions discussed current international economic developments and the economic outlook in Europe and the Eurozone, as well as specific issues such as the international role of the Euro and the ongoing Digital Euro project. They also discussed the significant progress made by the Greek economy and the financial sector.
After the meeting, Governor Giannis Stournaras said: “We had the pleasure of welcoming Commissioner V. Dombrovskis to Athens, with whom we discussed current international economic developments and the outlook for the European and Greek economy.
The current international upheavals represent for us in Europe not only a threat but also a wake-up call, making it imperative to accelerate European integration and to coordinate common policies more effectively. Increasing productivity, strengthening the competitiveness, strategic autonomy and resilience of the euro area requires a coherent European strategy that effectively addresses the fragmentation of markets for goods, services and capital, supports innovation, investment in the most productive sectors and financial and fiscal deepening. In this context, progress towards an integrated Banking, Fiscal and Savings and Investment Union is a crucial factor for both macroeconomic stability and the effectiveness of the single monetary policy.”
For his part, Commissioner Valdis Dombrovskis said: “Greece has emerged stronger from the COVID-19 pandemic. This is reflected in the steady economic growth of the Greek economy and is expected to contribute to addressing the current energy crisis. The Commission expects that, despite external pressures, Greece will maintain its growth momentum in 2026. This is largely due to the National Recovery and Resilience Plan, which offers a unique opportunity to support growth. However, our projections are likely to change significantly. We must remain committed to prudent fiscal policy and constant vigilance.”
