During a recent conference on public debt, Giannis Stournaras, Governor of the Bank of Greece, emphasized the urgent need for innovative and sustainable fiscal solutions in light of rising public debt levels in the Eurozone. He pointed to multiple crises, including the 2008 financial crisis and the current energy crisis stemming from the war in Ukraine, as contributing factors. Stournaras highlighted the importance of fiscal vigilance and adapting policies to maintain financial stability, stressing that today’s decisions will affect Europe’s financial future and the well-being of future generations.

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