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Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
EconomyMacroeconomy, a region that represents 67 pct of total nationwide sales. However, the pain is also shared by Finance... to provide four months of continuous support. Finance Ministry officials let it be known via the media.... The Finance Ministry already has another major challenge in terms of managing its relations
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Pandemic raises economic pressure as govt hopes for imminent relief
PoliticsGreek Politics-more painful headache for the ruling centre-right party, and the Finance Ministry in particular. On Thursday, Finance Minister Christos Staikouras said that the latest restrictions, in place until mid... service sector will be able to resume more normal activity in May. In the meantime, the Finance
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Govt unveils new Covid support measures amid growing public anxiety
PoliticsGreek Politicsextension to the lockdown. Among the measures planned by the Finance Ministry are a new round of tax... on Skai TV on Wednesday, Finance Minister Christos Staikouras said the bill for supporting the economy... are praying for the economy to function safely as early as possible,” the minister said. The Finance
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Newsletter 295 - 07/05/2021
euros. The Finance Ministry has hinted that the total debt strategy this year could exceed the 12... the autumn. 2 Economic expectations subdued for 2021 But Finance Ministry has high hopes for 2022 onwards... in the document sent last week are in line with those recently presented by Finance Minister Christos
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Newsletter 297 - 21/05/2021
concern about the tourism industry’s prospects this year. The Finance Ministry, for instance, has..., the preliminary Finance Ministry (MoF) budget execution bulletin for April showed. The primary balance... (QoQ) in the first quarter (Q1) of 2021, from 374 billion euros in the previous quarter, the Finance
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Newsletter 298 - 28/05/2021
started to heal when the pandemic struck. The Finance Ministry is due to wrap up the relief drive... refunds and deferrals of tax dues have run their course. Finance Ministry officials say... in the same period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for April
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Govt calls on local businesses and banks to free up capital for investment
PoliticsGreek PoliticsGreek entrepreneurs to help bridge the investment gap. Finance Minister Christos Staikouras... at low interest rates. The Finance Ministry is expecting the banks to provide data at the next such meeting in July on the number of SMEs that could have access to finance. Naftemporiki reported
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Newsletter 307 - 10/09/2021
that the second half growth will take the total above the 3.6 pct, which was the Finance Ministry’s most... to the Finance Ministry, which is designing the fiscal package of further tax relief... will create fiscal space of up to 800 million euros. This will allow the Finance Ministry not only
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Newsletter 312 - 15/10/2021
with the view of the Greek Finance Ministry, which expects a primary surplus of 2 pct of GDP in 2024 and 3.7... fiscal space that the Finance Ministry would have liked to allocate in tax relief measures and risks.... The Finance Ministry will have reasons to feel relieved by the progress made by banks in reducing
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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyon the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022... was 165.33 billion euros. The finance ministry also sees a moderate HICP of 0.8 pct next year, from... in 2022, as support initiatives come to an end. The Finance Ministry has identified the total fiscal
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