Greek Finance Minister Kostis Hatzidakis, who attended his first Eurogroup and Ecofin meetings this week in Brussels after assuming the post, pledged that the country will remain on the path of fiscal stability and “will implement, with determination” necessary reforms.
The new Greek FinMin presented the government’s economic priorities to his Eurozone counterparts, among others, maintaining fiscal stability focusing, reducing tax-evasion and better exploiting public assets.
“After the general election result we have a historic window of opportunity, which we’re “Greece is no longer the ‘black sheep’ of Europe and everyone talks positively about the country’s progress over the last four years. I presented the priorities of our economic policy and made clear our commitment to continue reforms, with the aim to have a more dynamic, productive and exports-based Greek economy, which will create conditions so no one is left behind. Regarding a revision of fiscal rules, our position is that ensuring fiscal stability is absolutely necessary, but not to the extent that it undermines Europe’s economic growth. At the same time, necessary flexibility is required to deal with external crises, like the ones we faced in recent years”.
Latest News
Which Islands Will Have Italians Flocking to Greece this Summer?
Well-known Italian travel magazine details reasons why Skopelos, Naxos and Astypalaia are the go-to summer destinations for Italians
Antentokounmpo 5th Highest Paid Athlete in World
The basketball player rakes in 111 million dollars per year, between his salary at the Bucks and endorsements from big brands like Amazon, Nike and Pepsi
Greek FM Gerapetritis: Need to Immediately End Gaza Hostilities
Gerapetritis added that a humanitarian crisis was transpiring in Gaza, with the concerns now being spillover in the wider Middle East.
ETC Report: Greece 3rd Most Popular Destination for Europeans
Italy and Spain are tied as the top destinations, each attracting 8% of travelers
Greece Battles EC to Protect Rice Industry and Public Health
Together with several other EU countries, Greece successfully blocked the European Commission's proposal to increase allowable levels of a banned pesticide commonly found in rice imported from southeast Asia
Eurostat: 3.2% Annual Inflation in Greece in April
The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation
Intrum’s 2024 Report Unveils Greek Businesses Embrace Digitalization for Growth
Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments
IOBE: Mild Drop in April Business Confidence Index (BCI) in Greece
The positive balance of expectations for employment witnessed a marginal decline, while the index for production forecasts also recorded a mild drop
Greek PM Mitsotakis Calls on EU to Intervene Over Multinationals’ Pricing Policy
Speaking about price fairness, the Prime Minister emphasized, "Europe should also mean similar or uniform prices for the products sold by our multinational corporations.
Greenhouse Gas Emissions: 4% Decrease in EU, 0.3% Rise in Greece in Q4 2023
The EU's GDP remained stable with a marginal 0.2% increase in fourth quarter of 2023