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> Economy

Greek central banker throws backing behind PM A. Tsipras

A new era in improved relations between the Radical Left Coalition (SYRIZA) and the Bank of Greece

Newsroom November 30 10:56

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Bank of Greece Governor Yiannis Stournaras called on the country’s party leaders on Sunday to maintain their political consensus and help pull Greece out of the financial crisis once and for all.

Sources state that the Greek central banker’s report shows that we are 4/5 of the way required to exit the bailout. In an effort to avoid return of Grexit talk, Stouranaras advised lawmakers to see the need to lead the country back towards the course of security and recovery by supporting measures concerning social security, agriculture, etc.

His comments came just a day after Tsipras failed to secure consensus and the backing of the Greek opposition leaders on tough pension reforms that the country has promised to implement by December.

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In the previous week, Tsipras and SYRIZA Vice President Giannis Dragasakis visited Stournaras at the Bank of Greece for a meeting that was held in a cordial climate marking a new page in teh relations between the government and the central bank. A question that arisis is: What happened to make the radical left PM and central banker and supporter of the bailout finally see eye to eye?

The answer has many parameters, but one thing is certain – the central banker has not shifted from his pro-bailout positions.

The distancing of “thorns” in their relations, such as former finance minister Yanis Varoufakis, former speaker of the house Zoe Konstantopoulou and Panagiotis Lafazanis have also helped improve relations between the ruling party and the central bank.

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