Yannis Stournaras, Governor of the Bank of Greece, highlighted the need for systemic political consensus to improve Greece’s competitiveness, which lags behind European counterparts despite being a success story. He cited data indicating Greece’s structural competitiveness issues and emphasized the necessity for ambitious reforms to address bureaucratic delays, judicial inefficiencies, and market entry barriers. Stournaras also pointed to the geopolitical impact of Greek-Turkish relations on national finances and warned against political fragmentation, urging for a unified approach to ensure political and economic stability.

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