The Greek Deal.com
ΥANNIS STOURNARAS
Greece lagging behind in Europe in terms of savings
The deficit of savings in relation to investment, reflects the structural weaknesses of the Greek production model and the country's high dependence on external financing, Yannis Stournaras said in a speech at an event organised by Eurobank and the Athens University of Economics and Business.
Europe's economy needs deeper and wider integration to face new challenges
Addressing the Economist "Seventh Sustainability Summit for SE Europe and the Mediterranean" conference, the central banker noted that Europe should not wait until political conditions in the Eurozone mature before moving forward