ECB Gov. Council’s Stournaras: 4 Rate Cuts Possible This Year
Greece's central banker also said high market prices in the country bely a problem with competitiveness
Greece's central banker also said high market prices in the country bely a problem with competitiveness
His comments came as the ECB has raised interest rates to their highest level in 22 years, following its latest decision last month
He forecast that another hike will not come in September
The menu of the first meeting of the Minister of National Economy with the Governor of the Central Bank
Bank of Greece Gov. Yannis Stournaras on Monday evening again delved directly into the increasingly sensitive issue of rising interest rates in the eurozone
Moreover, in echoing the government’s confidence - and coveted target - over recent months, Stournaras said he believes the Greek economy will soon achieve an investment grade rating
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