The Greek economy continues to recover despite the slowdown in the global economy, stressed Bank of Greece Governor Yannis Stournaras, presenting the results of the Bank’s interim report on Greek economy to the House committee.

The central banker noted that in 2019 our country had a 2.2% growth and is expected to reach 2.5% in 2021. He also stressed the need for further reductions in “red” loans and said that the new bankruptcy framework would help reduce them. Mr. Stournaras also said that lowering bond yields would help improve debt sustainability.