[ad_1]
"The fiscal space created by the agreement within the Eurogroup on June 21 and the new post-mortem period after August will provide a very good horizon for pursuing social policies aimed at alleviating the most vulnerable population groups. "
This was emphasized by the President of the Chamber, Nikos Voutsis, by the reception of the Governor of the Bank of Greece, Giannis Stournaras, the interim report of 2018.
For his part, Stournaras pointed out that the report At the same time, Mr. Stournaras spoke of past mistakes that should not be repeated with Mr. Voutsis to oppose the current government taking responsibility for the future. .
At the two men's meeting in the House, Mr. Voutsis described "the historic stage of the June 21 agreement at the Eurogroup," noting that was not legal and not at all certain that we had this positive development with such clarity and sufficiency and in a way valid and timely for the country. "
" This moment is very important. is ahead of its disengagement from close monitoring and supervision.The choice made by the government and the institutions with the agreement gives a very large share of the actions that can guarantee absolutely next time , the unhindered exit of the country in the markets, "said Mr. Voutsis.
Yenis Stournaras pointed out that "the June 21 agreement ensures that reforms and fiscal stability will continue in the context of enhanced surveillance", noting that "there is sufficient time for Debt relief and the commitment of "It will be all positive for the markets," he said.
"The agreement we have before us confirms the disengagement of our Country of the "Voutsis replied and added:
" This Assembly aimed not only to positively promote all badessments, but at the same time to approve and very important social rrythmiseis, so that the benchmark Prior to the August standard exerted mainly policies aimed at alleviating the most vulnerable and disadvantaged population groups most affected by these mnimoniakes policies. The choice made by the government and the institutions, gives the best of a pool of stocks that can guarantee absolutely next time, the unhindered exit of the country in the markets. "This current interim report will be a presumption of the history of the future because it is trying to draw lessons from the eight years of three Stoundaras
At the same time, the governor of the Bank from Greece stressed that "the agreement of 21 June has a positive contribution, as secure that reforms and fiscal stability will continue in the framework of enhanced surveillance agreed and that we consider positive as well as the conditions of conditionality. "
However, he noted," we are entering a potentially critical period, which predicts high surpluses over a long enough period, so it is useful not to deviate from the fiscal targets. "
" The agreement of June 21 comes after the 2012 agreement to further lighten the debt, with the 1 0 years of depreciation, which is important because it ensures its viability at least medium term. In the long run, we take very seriously the commitment of the political system to continue reforms and the commitment of partners to take further action in 2032 to further lighten the debt if it is deemed appropriate, "said Mr. Stournaras. he went on to say:
"Bad debts, with the largest of the large primary surpluses projected by 2060, require us to pay attention." No other country in the world has ever had so much money. The mid-term report recalls – and it's a lesson – that these big primary surpluses are unfortunately the price that will pay two generations in the future by 2060, because of past and past economic policy mistakes – mistakes made in a short time and punishing two generations – the report remains optimistic and notes that over the last eight years, five parties have contributed with stabilization measures to keep the country in the eurozone.This irrelevant positive political consensus is something that is positively evaluated.Despite the many setbacks of these eight years, significant fiscal imbalances and deficiencies have been corrected, and the banking system has become much healthier than in the past. "
" There is still a long way to go, the debt is viable but important and is a source of bad debt. Many unproductive loans prevent banks from lending to the economy, and unemployment, despite its decline, is high and constitutes for us the greatest source of poverty. There is also a large investment gap that can only be filled in the medium term with direct investment. The prospects of the report, I emphasize, are optimistic, "concluded Stournaras
.These reports from the Governor of the Bank of Greece were not indifferent to Mr Voutsis, who pointed out that ; " it is important to positively appreciate that the country is coming out of the markets with regularity. "
" I do not think you have any objection that these programs contained in them a powerful sperm of injustice and serious errors, on the part of the IMF and others partners, when the country of which almost all international economic agents and protagonists of these debates have now recognized that it has become very difficult for the country to come out of the crowd and the war. "
And Mr. Voutsis, emphasizing that" we can now face the future with optimism, "added:
" There are prerequisites for that at the level of society, because there we have been seriously wounded, the healing of wounds goes through a fair development, with a social sign and the respect of all the rules. Of course, a policy will be applied in the overall framework of our commitments, but it will be a policy of Greek governments in favor of society. In response, Mr. Stournaras said:
"I agree with what you said. . In fact, past mistakes made by our partners were significant. I said it last year at the IMF General Assembly – in an unusual move for a bank governor. But the most important mistakes have been made by us – and I want to emphasize this so that we do not forget why we came here, but also because two generations are paying such large primary surpluses. We must not repeat with the mistakes of economic policy that have occurred both in the past and in the past. "
Mr. Voutsis' reaction immediately resisted:
" Stressing that the country has reached the limits of the typical bankruptcy of the policies and patterns of development and consumption that have been followed for years, and that the responsibility for emerging from the crisis has been badumed by the current government and the current majority of the House. This is a positive sign, a positive imprint that I think concerns the whole country and not just the majority of today. "
Source: AMPE
[ad_2]
Source link
