Greece needs to proceed with reforms and with a new final agreement with its creditors, Bank of Greece Governor Yannis Stournaras said on Thursday (February 26); he predicted that the economy could remain on the path to growth this year, provided that the uncertainties are lifted.

Presenting the central bank’s annual report [in Greek] Stournaras said that the recent Eurogroup decision was "positive;" he added that "negotiations with our partners must continue in a spirit of cooperation and trust so that we can soon reach a final agreement that will be mutually beneficial"

He noted that Greece needed a single cohesive growth program, based on strengthening production through investments and mostly through structural reforms. However, he pointed out that the basic condition for growth is "to remain focused on the country’s European prospects and implement the recent agreement as soon as possible."