{"id":3656,"date":"2021-06-03T13:07:01","date_gmt":"2021-06-03T10:07:01","guid":{"rendered":"http:\/\/hardouvelis.gr\/?p=3656"},"modified":"2023-09-06T13:50:08","modified_gmt":"2023-09-06T10:50:08","slug":"gikas-hardouvelis-five-major-reforms-to-jump-start-the-economy-and-the-role-of-banks","status":"publish","type":"post","link":"https:\/\/hardouvelis.gr\/el\/gikas-hardouvelis-five-major-reforms-to-jump-start-the-economy-and-the-role-of-banks\/","title":{"rendered":"Gikas Hardouvelis: Five major reforms to jump start the economy and the role of banks"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-el\">\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 <a href=\"https:\/\/hardouvelis.gr\/en\/wp-json\/wp\/v2\/posts\/3656\" class=\"qtranxs-available-language-link qtranxs-available-language-link-en\" title=\"English\">English<\/a>. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.<\/p><p><\/p>\n<h1><\/h1>\n<h1><span style=\"font-size: 18pt;\"><a href=\"http:\/\/hardouvelis.gr\/wp-content\/uploads\/2021\/06\/GH-Interview-Liberal.gr_3.6.2021_ENG-1-1.pdf\">Download Interview<\/a><\/span><\/h1>\n<h1><\/h1>\n<h1><span style=\"font-size: 14pt;\">Gikas Hardouvelis: Five major reforms to jump start the economy and the role of banks<\/span><\/h1>\n<p>The interview was conducted by George Fidikakis of Liberal.gr<\/p>\n<p><em>June 3, 2021<\/em><\/p>\n<p>Greece attracts significant interest among international investors and its economy is expected to grow at a rate of 5% in the following years. However, the big question is whether the earlier pessimistic IMF forecasts of a long-term growth of 1% can be disproved.<br \/>\n\u201cTo achieve high growth, the country needs to go through major reforms,\u201d explains Professor Hardouvelis, \u201cin particular, he points to: digitization of the public sector, major transformation in the energy sector, radical changes in the labor market and the social security system, faster delivery of justice, and a substantial upgrading of the educational system, which lags far behind in international comparisons.\u201d<br \/>\nThe Professor of the University of Piraeus and Independent Non-Executive Member of the Board of Directors of National Bank of Greece highlights that &#8220;any obstruction or loss of trust can put us in a difficult position, exposing the wounds of the ten-year crisis and the pandemic.&#8221;<br \/>\nDespite the many challenges banks face, he expects them to reduce non-performing exposures to below 5% or even 3% of their total loans by the end of 2022. It will thus be easier for banks to finance the economy.<\/p>\n<p>&nbsp;<\/p>\n<p>The interview in Greek is available at:\u00a0<a href=\"https:\/\/www.liberal.gr\/apopsi\/gk-chardoubelis-oi-5-megales-metarruthmiseis-gia-na-allaxei-epipedo-i-chora\/382124\">Liberal.gr<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 English. For the sake of viewer convenience, the content is shown below in the alternative language. You<\/p>\n","protected":false},"author":1,"featured_media":4504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12,8],"tags":[3245,3241],"yst_prominent_words":[3177,342,111,90,72,29,418,654,259,3179,26,934,826,670],"class_list":["post-3656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interviews","category-press-articles","tag-interviews","tag-recent-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/3656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/comments?post=3656"}],"version-history":[{"count":7,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/3656\/revisions"}],"predecessor-version":[{"id":4441,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/3656\/revisions\/4441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media\/4504"}],"wp:attachment":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media?parent=3656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/categories?post=3656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/tags?post=3656"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/yst_prominent_words?post=3656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}