BoG chief sees growth ahead, hits out at previous government

Bank of Greece Governor Yannis Stournaras appears confident that the country can enter a "virtuous cycle" of growth, strengthen market confidence and negotiate a deal with its lenders to trim a high primary surplus target of 3.5 percent of gross domestic product in exchange for an acceleration of reforms and investments now that a center-right government is in power.

In a wide-ranging interview with Kathimerini's Sunday edition, the central banker also said that he would welcome a judicial inquiry into what he describes as a "coordinated effort" by the previous administration to malign his character and prevent him from carrying out his duties.

"Success in restarting the Greek economy... will depend on whether the new government, taking advantage of market confidence, adopts policy measures to attract new investments," Stournaras said. "If these measures are forward...