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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalis intended to provide (only) short term repayable finance (six months). Given the limited admissible time.... It provides a long term injection of finance on non-commercial terms. The Commission approves... society, entrepreneurship and public finances through stimulating liquidity and safeguarding
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicshours earlier. Eurozone finance ministers agreed to release 748 million euros to Greece, mostly made... identified by the eurozone finance ministers include: The implementation of Greece’s arrears clearance... appropriate checks to ensure that the true state of each borrower’s finances and wealth is known.
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Trouble from Turkey prompts plans for extra defence spending after years of cuts
PoliticsGreek Politicsto be Turkish provocations in the Aegean. This discussion gathered pace on Monday, when Finance... the weekend suggested that the Finance Ministry was aiming to present a balanced draft budget for 2021... a tight rein on public finances despite the difficulties created by Covid-19. Debate Defence spending
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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
Economywith the Finance Ministry and other organisations, with investments jumping by 17.3 pct in 2022 and exports... and productivity”. The forecasts are broadly in line with the Finance Ministry’s latest estimates included... than double from the 2.1 pct of 2021, to 4.4 pct next year. Public finances will enter a recovery
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Mitsotakis unveils property tax reduction, searches for pre-election narrative
PoliticsGreek Politicsreview. Finance Minister Christos Staikouras has been stressing the need to keep public finances under.... The Finance Ministry has been working on the details of the revised ENFIA over the past few months
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Govt unveils new round of energy subsidies as fiscal space narrows significantly
PoliticsGreek Politicstheir energy costs. Also speaking on Wednesday morning, Finance Minister Christos Staikouras told... million euros. The finance minister did not completely rule out the government making further... finances. The fact that conservative officials are discussing this matter publicly every day, trying
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Govt mulls Easter bonus as cost-of-living crisis causes public concern
PoliticsGreek PoliticsEconomou and Finance Minister Christos Staikouras both said in TV interviews that the performance... they stressed would be a one-off measure strictly targeted to those most in need. The Finance Ministry... the course of the Greek economy and their household finances, compared to 14 pct who said they were
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Faced with limited policy options, govt mulls inflation handout
PoliticsGreek Politicson whether to proceed with some kind of benefit will be taken next month, once the Finance Ministry... by former finance minister Euclid Tsakalotos, who in an interview with Kathimerini accused the SYRIZA... for its debt, officials are aware that Greek public finances are under considerable scrutiny. This has
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BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
EconomyMacroeconomy. This compares to a 1.8 pct growth estimate by the Finance Ministry in the final 2023 budget and 1 pct... by the Finance Ministry, on the back of a boost from the RRF. HICP is seen at 9.4 pct this year, driven... country specific challenges, BoG notes that despite progress in improving public finances, Greece still
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PM prepares to set out policy agenda, SYRIZA gears up for leadership vote
PoliticsGreek Politics. The latest comment on the subject came from Finance Minister Kostis Hatzidakis, who told Kathimerini... the last decade or so, such as Achtsioglou, and ex-finance minister Euclid Tsakalotos, another...” for those most in need before the end of the year, if public finances allow such an outlay
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