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Central banker says Greek effort in 'last mile'

Greek central bank chief: recovery effort in 'last mile,' asks politicians to cool rhetoric

Workers stand in front of building under construction in the northern Greek port city of Thessaloniki, Wednesday, Jan. 15, 2014. Greece expects to pos...
Pedestrians walk past a building under construction in the northern Greek port city of Thessaloniki, Wednesday, Jan. 15, 2014. Greece expects to post ...
A man sweeps the pavement in the northern Greek port city of Thessaloniki, Wednesday, Jan. 15, 2014. Greece expects to post a budget surplus for 2013 ...

Greece Financial Crisis

Workers stand in front of building under construction in the northern Greek port city of Thessaloniki, Wednesday, Jan. 15, 2014. Greece expects to pos...

Greece Financial Crisis

Pedestrians walk past a building under construction in the northern Greek port city of Thessaloniki, Wednesday, Jan. 15, 2014. Greece expects to post ...

Greece Financial Crisis

A man sweeps the pavement in the northern Greek port city of Thessaloniki, Wednesday, Jan. 15, 2014. Greece expects to post a budget surplus for 2013 ...

ATHENS, Greece (AP) -- Greece's central bank governor is urging the country's politicians to avoid heated confrontation ahead of European Parliament and local government elections in May, urging them to back a financial recovery effort through its "last mile."

George Provopoulos said the country was on course to exit a six-year recession this year after achieving a primary budget surplus -- balanced expenses before interest payments -- for the first time since 2002. He made the remarks to a parliamentary finance committee Thursday.

Opposition parties are hoping to topple the conservative-led coalition government in the twin May elections, arguing that bailout measures have caused a social crisis and failed to fix the country's debt problem.


Updated : 2021-10-18 11:32 GMT+08:00