You say talk of a Greek exit from the Eurozone isn’t constructive. Don’t you need to prepare?
Yes, but at the time we don’t have any type of information about how this would happen – only fear and uncertainty create a discussion. Specific decisions are needed in order to go outside the Eurozone.
Are you frustrated with the time it’s taken to resolve the debt crisis?
My little experience [with] crisis management is that to make decisions, you don’t have to evaluate the past. You have to understand the problem and how to resolve it. I [want to] be optimistic. Everybody has the knowledge to make the right decisions.
Will investors come back and buy Greek stocks?
There’s always uncertainty about the economic environment. We have a level of market cap to GDP, which is around 10 percent. It’s 5 to 6 times less than the average European [market]. It is an important signal of opportunities in the Greek stock market.
Yet there’s a lack of confidence in investing in Greece.
We are an attractive market. Fifty percent of our market capitalization is owned by foreigners. In terms of velocity, we are at the same level – the trading volume remains sustainable. We have a liquid market with opportunities.
Greeks will have less money to put into stocks. How does that affect the exchange?
Foreign inflows will dominate growth of [our] economy. But while in 2010 we had about 1B in outflows of foreign investments, this figure has decreased to 260M in 2011 and is now about 60M in 2012. We’re going for a rebound.