Progress in the economic and fiscal structural reform and NPL disposal is likely to lead to a decline in demand and to exert downward pressure on price levels in the short term.
On the other hand, if a positive outcome of the structural reform bears fruit which leads to an increase in the productivity of the economy as a whole, it will have a significant meaning to prevent further price declines through a revitalization of economic activity. When we consider economic issues, we should always check from the viewpoint of aggregate demand and productivity.