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Passing of insolvency law gives opposition campaigning foothold
PoliticsGreek Politicsor in part, and was interrupted by a censure motion in Finance Minister Christos Staikouras, which... repeatedly tried to embarrass former Finance Minister Euclid Tsakalotos whom they credited with drafting
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsposed by the second coronavirus wave, the Finance Ministry is busy re-writing the budget to account... the political coalface, the Finance Ministry is working on the budget for 2021, which is due
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Newsletter 274 -20/11/2020
, compared to a surplus of 5.74 billion noted in October 2019, the preliminary Finance Ministry (MoF...) in the third quarter (Q3) of 2020, from 362.87 billion euros in the previous quarter, the Finance
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OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
EconomyThe OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s... and ability to finance investment for the recovery,” the OECD said. The government also needed to take
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Slight easing of Covid-19 data as focus turns to retail, budget
PoliticsGreek Politicsin Kathimerini citing Finance Ministry data suggested that eight in 10 companies and one in three... parliamentary spokesman Euclid Tsakalotos got into an argument with Finance Minister Christos Staikouras of how
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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Economycontracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included... government primary balance is expected at 7.3 pct of GDP, in line with Finance Ministry estimates
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Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches
PoliticsGreek Politicsto the spending plans for the EU Recovery Fund (RRF). Deputy Finance Minister Giorgos Zavvos laid out...-out. Health Minister Vassilis Kikilias and Finance Minister Christos Staikouras were both forced
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PM tightens lockdown, braces for economic and political impact
PoliticsGreek Politicsthat Finance Minister Christos Staikouras announced the relief measures for the first quarter... restrictions cause an even bigger headache for the Finance Ministry, not only because it will have
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EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021
EconomyMacroeconomyguarantee schemes have improved credit growth to businesses. In the Finance Ministry’s official... and the fiscal fronts, the Finance Ministry has accepted that revisions will be required to capture
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Govt looks for positives as it steps up vaccine rollout
PoliticsGreek Politicsthat the Finance Ministry is starting to work on a scenario of a primary deficit twice as much as the initial... billion at the end of 2020. Despite this grim picture, the Finance Ministry also has to contemplate
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