Capital Markets Commission: Restoring market access must be Greece’s top national goal

The main task ahead of Greece is to create the conditions that will allow the country to tap the markets before the current programme ends, Hellenic Capital Markets Commission (HCMC) Board Chairman Prof. Charalampos Gotsis said in an exclusive interview with the Athens-Macedonian News Agency (ANA) on Sunday. He noted that this market access must cover Greece’s debt at least partially at first, and then fully after mid-2018.

Gotsis noted that one of the most important requirements for attractive investments is a stable political and social environment, good infrastructure, fast and efficient processing of affairs by the state machine and a smoothly running banking system. He also pointed to new, alternative financing instruments for businesses that
could fill in for expensive and often elusive bank loans.

Questioned about the Athens stock exchange, Gotsis noted that this had suffered significant damage in terms of its turnover and capitalisation in recent years and thus generated valid hopes for a dynamic recovery, provided the positive forecasts for the economy were shown to be correct.