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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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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politicsas government officials had hoped. Speaking on Skai TV on Thursday, Finance Minister Christos Staikouras said... from this week, which suggested that the Finance Ministry wants to avoid public debt rising above... extending benefits and subsidies are in the Finance Ministry’s plans, according to reports
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politicsin the wake of Friday’s meeting of eurozone finance ministers, Greek Finance Ministry sources... is expected to receive from New Generation EU, although one is not meant to directly finance the other
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Greece prepares to relax lockdown amid concerns about toll on economy
PoliticsGreek Politicsthe consequences of the latest lockdown for revenues and jobs. Furthermore, the Finance Ministry has been forced..., the Finance Ministry is reportedly working on a new package of fiscal stimulus measures to support.... Finance Ministry officials said that a maximum of 1.5 billion euros can be distributed. In the previous
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