6  BIS central bankers’ speeches  Conclusions The Greek economy has the potential and prospects of returning to growth, relying on a new, extrovert growth model and taking advantage of the emerging opportunities.
The crisis throws up new and unexpected problems around the world everyday: uncertainty persists in financial markets; spillovers on the real economy leave in their wake negative sentiment, poor growth and tenacious unemployment levels; fiscal and debt sustainability concerns cause serious apprehension; and reduced incomes depress consumption and investment levels. Amidst such global mayhem, our resource-constrained country surprisingly fared quite well.