It would also encourage the return of deposits to banks, thereby enhancing banks’ lending capacity. The above would set in motion a virtuous circle for the economy and the banking system and create the necessary conditions for investment financing and a return to sustainable growth. If consolidating confidence is a sine qua non for the above, i.e.
for the increase of both domestic and total investment, Greece must also take full advantage of the possibilities arising from EU and euro area membership to create a financial safety net that would convince of its ability to cope with any headwinds that could make its financing costs unsustainable, in particular in an international environment rife with financial and geopolitical challenges.