(GREEK NEWS AGENDA) Georgios Provopoulos, the Governor of the Bank of Greece’s, said (on February 22) – in an interview with Bloomberg in Athens – he is confident that Greece will achieve its “very ambitious” deficit-reduction goals and avert further credit-rating downgrades.
Rating agencies “want evidence that the plan is being implemented on target” and “some time will have to pass before they can form a better judgement,” said Provopoulos, who is also a European Central Bank council member.
“I have full confidence in the government meeting its goals. They have to succeed.
And they will, I’m sure of that,” he stressed, adding that he takes the commitment of European governments to stand by Greece at face value. The lack of a detailed rescue plan isn’t disappointing, he said.
Bloomberg.com: Provopoulos Confident Greece Will Meet
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