Developments in the Greek and international economy, the international geopolitical environment and the prospects of the financial system were discussed at a meeting today between the Minister of Economy and Finance, Kyriakos Pierrakakis, and a delegation of the Board of Directors of the Hellenic Union of Banks.
According to a statement by the Ministry of National Economy and Finance, the meeting held at the Ministry was attended by the Chairman of the Board of Directors of the Hellenic Union of Banks, George Zanias, the managing directors of Alpha Bank Vassilis Psaltis, Eurobank Fokion Karavias, National Bank Pavlos Mylonas, Piraeus Bank Christos Megalou, CrediaBank Eleni Vrettou and the acting general manager of the Hellenic Union of Banks Haroula Apalagaki.
During the meeting it was noted that the Greek economy is showing increased resilience, as the country’s stable fiscal performance, combined with the strong capital adequacy and liquidity of Greek banks, create a strong framework of stability for the financial system and the economy as a whole. At the same time, it was underlined that credit expansion to businesses and households continues, a development that is considered particularly important for boosting investment, growth and maintaining the positive course of the Greek economy. The representatives of the banks agreed with the recent initiative of the Ministry of Finance for the effective protection of first homes, noting that for their part they will contribute to ensure that the relevant procedures proceed as soon as possible.
As stressed, in an environment of increased international volatility, the close cooperation of the State with the banking system and with the productive forces of the country as a whole is a basic prerequisite for maintaining stability, financing the economy and continuing the growth path.
It was also agreed that the Ministry of Economy and Finance and the Hellenic Bankers Association will hold regular meetings every four months in order to assess the progress achieved and coordinate the next initiatives to support the Greek economy.
