BoG head Stournaras to Bloomberg: Greece will regain investment grade in a few weeks, if not days
Bank of Greece Governor Yannis Stournaras expressed optimism to Bloomberg TV on Wednesday that Greece would regain investment-grade status soon after the newly elected government presents its policy statements.
In an interview in Sintra (Portugal), the BoG governor said, “We had elections a few days ago, there is a stable government now with a strong parliamentary majority.” This government, he added, is committed to reforms, “so I’m sure that after the declarations that the government will make in Parliament, investment grade will be a matter of a few weeks, if not days.”
The government of Prime Minister Kyriakos Mitsotakis, elected to a second term in runoff elections on June 25, will present its policy statements in a three-day plenary session as of July 6. The debate will culminate in a vote of confidence to the government on July 8.