The Governor of the Bank of Greece Yannis Stournaras met with the head of the European Stability Mechanism Klaus Regling on Tuesday morning and discussed the future prospects of the Greek economy.
During the meeting, the Greek central banker underlined how the completion of the first bailout review and the 7.5 billion euro tranche recently approved by the ESM set the foundation for the country’s recovery.
Reports suggest that the European Central Bank (ECB) is likely to announce on Wednesday that it will relax its lending conditions towards Greek banks, thus improving liquidity in the domestic banking sector.
During his stay in Athens on Tuesday, the ESM chief also met with the Minister of Finance Euclid Tsakalotos earlier in the morning.
