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Newsletter 242 -06/03/2020
coronavirus impact on economy Ministry of Finance holds meeting to assess developments and way... at the Ministry of Finance (MoF) which included Finance Minister Christos Staikouras, Minister of Development
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgrammefiscal target. It was decided during Monday’s video call involving eurozone finance ministers... president Mario Centeno after the meeting. In a statement after the call, Finance Minister Christos... finance ministers. “This means that automatic revenue shortfalls and unemployment benefit increases
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Government readies up to 2 bln in assistance for shuttered firms and employees
EconomyFinance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related... over the next few months. The finance minister also committed to paying off state arrears to suppliers... restrictions will not apply for any eurozone member state this year. The finance minister would
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Greece braces for recession, hopes to bounce back from summer onwards
Economyof the coronavirus impact is becoming clearer by the day, with the Finance Ministry and leading investment houses now... the contraction will be. Speaking on television on Thursday morning, Finance Minister Christos Staikouras... next month. However, the Finance Ministry is concerned about the impact of the support measures
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A sudden turnaround that could lead to sharp shock
Agoraeveryone’s movements to the bare minimum. The Finance Ministry has announced measures to support... the standstill being experienced by Greece now, with the Finance Ministry estimating 900,000.... The Finance Ministry plans to commit up to 2 pct of GDP in the form of direct support, which
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agoradown. Second, through private finance. This is where the Commission’s Action Plan on Sustainable Finance comes in: it includes among others the development of a public EU taxonomy (a sector-by-sector... on additional national fiscal expenditures and private finance. Because the COVID-19 crisis response
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsto pre-coronavirus normality will also help the economy and ease some of the pressure on the Finance... and is available to businesses which have seen their turnover drop by more than 20 percent. The Finance... on the horizon for the Finance Ministry is the potential shortfall in the country’s pension system. According
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ECB boost for Greek debt as authorities ponder new market foray
Economyaccording to the latest Finance Ministry bulletin stood at just over 58 billion euros as of the end... that the authorities had to tap into to finance the series of support measures required to cushion the impact..., Finance Minister Christos Staikouras indicated that digital transformation, green growth
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ND braces for deeper economic impact from Covid-19, mulls more assistance
PoliticsGreek Politicsthe pandemic has taken on the local economy becomes clearer. Finance Minister Christos Staikouras said... the tax advances was due to be completed on July 11. The finance minister also outlined on Tuesday..., the Finance Ministry is aiming to create a “bridge” scheme to cover for up to nine months
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Newsletter 255 -26/06/2020
of takings from visitors to Greece. Finance Minister Christos Staikouras said in a radio interview... to prop up businesses. The finance minister also outlined on Tuesday other initiatives to boost... in May 2019, the final Finance Ministry (MoF) budget execution bulletin for May showed this week
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