25.2.13
For his speech at the 80th Annual General Assembly of Bank of Greece Shareholders, the Governor G. Provopoulos is expected to urge the government to not waste the sacrifices citizens have made. Mr. Provopoulos will likely refer to the need for supporting the economy, because 2013 will be a hard and crucial year.
The Bank of Greece has estimated that in 2013 the recession will be around 4.5%, while unemployment is expected to stabilize around 27%. Mr. Provopoulos will highlight that despite significant improvements, such as the primary surpluses and an increase in bank accounts, the high unemployment rates and drop in financial activity are serious issues.
