“We are not doing badly, in a rather turbulent, international environment, with great uncertainty, with two wars, left and right of our borders. Greece is growing at 2.3%, Europe 0.7% – 0.8%, so we are converging for another year. In recent years, there has been a convergence of the product per capita, and mainly there is a convergence while maintaining fiscal discipline as it should be maintained, that is, we will have a primary surplus of around 2.5% of GDP if Greece meets the conditions of the Stability Pact. On an annual basis investments are increasing by 2%, quarter by quarter they have fallen very low, we are investigating why. Investments in the 9th month increase approximately as much as consumption. We also went up a notch from the credit rating organization Scope Rating” noted the head of the Bank of Greece.

The lump sum payment to employees, he explained, increases by 5.1%, covers inflation (3%). “The private sector pays higher than the public sector. Just a few years ago Greece was practically bankrupt. Of course we can increase the productivity of all the factors of production, not just the worker.”