The Bank of Greece governor, Yannis Stournaras, has stated that the euro zone is on track to achieve its 2% inflation target by early 2025.

Stournaras emphasized the need for policymakers to shift their focus to potential risks to economic growth, now that they have successfully managed consumer price inflation. He also stressed the importance of remaining vigilant to avoid falling short of the inflation goal.

As the region approaches this target, it will be crucial to consider the implications for monetary policy and economic strategy in order to ensure sustainable growth in the future.