The prerequisites for this to happen are: •  Resolve and consistency in implementing the stabilisation programme. The positive outcomes so far leave no room for complacency. On the contrary, they call for a continuation of fiscal adjustment for maintaining a sustainable and increasing primary surplus so as to ensure debt sustainability and consolidate the climate of confidence.
BIS central bankers’ speeches  3  •  Elimination or at least minimisation of the risks and uncertainties that might be triggered by a deterioration in the social and political climate, as a result of growing confrontation in the run-up to the European and local government elections.