According to the president of the Bank of Piraeus Michalis Sallas, utmost priority must be given to settling the debts of viable businesses which continue to operate, pay employees and contribute to the economy.
Mr. Sallas, who commented during his visit to the American Farm School in Thessaloniki, explained that “the strategy which we must follow to solve the problem must be such so that the Greek economy’s path to recover is not interrupted”.
The bank president added that the development of the Greek economy is not only illustrated by financial indexes, but the actions of the public sector as well, referring to the cost-effective Greek presidency of the EU and the management of public order issues.
Mr. Sallas stressed that supporting entrepreneurship in agriculture will be a critical factor in the economy’s recovery and noted that his bank has taken a series of initiatives – from funding to consulting – in an effort to give the agricultural sector a more outward orientation.
