Namely, lowering the ultimate target for a general government primary surplus from 3.5% of GDP in 2018 and beyond to 2% of GDP should be considered, in order to bring forward the return of the Greek economy to sustainable and relatively high growth rates. Besides, experience shows that only one country, i.e.
To this point, the balance that the Reserve Bank Board has struck has seen the policy rate held at what would once have been seen as extraordinarily low levels for quite a while now. The Board has, moreover, clearly signalled a willingness to lower it even further, should that be helpful in securing sustainable economic growth.