The Greek Government has done its best to support households and businesses in the midst of the pandemic and will continue to do so, stressed the Greek Minister of Finance, Christos Staikouras, referring to the new interventions that the Prime Minister, Mr. Kyriakos Mitsotakis, is expected to announce during the parliamentary Budget debate.
Speaking to the ANT1 channel, Mr. Staikouras announced in advance that the new interventions will focus on the dealing with the energy crisis and the support of the economy affected by the pandemic.
He referred to the measures taken to support socially vulnerable groups, such as doubling the guaranteed minimum income, extending the heating allowance, subsidizing electricity and gas bills, and raising the minimum wage.
He explained that there will be more support measures in 2022. He also stressed that as the country has high debt (although sustainable), further investments won’t be done for the time being and Greece will continue to be under fiscal surveillance.
The Greek Minister of Finance, Mr. Christos Staikouras, also noted that it is important that new jobs are created and social cohesion is maintained.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Store Hours Change Today in Observation of Orthodox Easter
The President of the Athens Chamber of Commerce hopes the Easter period will provide a much-needed boost to retail traffic in the capital
Athens-area Mass Transit Systems Set to Finally Install Contact-less Fare Payment
Paying fares via bank cards, smartphones and smartwatches in all mass transit systems in the Greek capital, namely, buses, trolleys, the metro and tram lines, is scheduled by the end of the year
Council of State Rejects Motion Against Thessaloniki Motorway Project
The motion was filed earlier this month by three local citizens’ and environmental groups and generated a high court decision for a temporary stay in construction
Greek 30Y Bond Issue Oversubscribed by 11 Times
Very high demand pushed down the coupon's interest rate to 4.125%
Athens Int’l Airport Wins Top Prize at Routes Europe Awards
The Routes business is focused entirely on aviation route development and the company's portfolio includes events, media and online businesses
IOBE: Income Gap Between Poor and Wealthy Greeks Widens
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing
Study Finds 4 in 10 Greeks to Slash Easter Spending
This year, hit by persistent inflation, many Greeks will be dishing out less on food, drink and gifts for Orthodox Easter on May 5
ELSTAT: Overnight Stays in Greece Up in Feb.
The provisional monthly data revealed that arrivals at tourist accommodations amounted to 773,104 and overnight stays were 1,677,685
Electric Energy: Greece’s New Sustainable Export
Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy
IOBE Revises Greek GDP Growth Downward, to 2.1% For 2024
Annual inflation is expected to reach 3%, up from the previous forecast of 2.8%
