Greece Announces New €1bn Covid-19 Relief to Shield Jobs

By admin 29 Μαρτίου 2021 No comment

Greek ministers of finance, Christos Staikouras, and labor, Kostis Hatzidakis. Photo source: cstaikouras.gr Greek Finance Minister Christos Staikouras announced a new 1-billion-euro round of Covid-19 support aimed at keeping impacted businesses above water and jobs in place. Aid actions to support companies, employees, and households affected by the coronavirus

FinMin Expects €8bn in Greek Tourism Revenue This Year

By admin 19 Μαρτίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Acropolis, Athens. Photo source: Culture Ministry Greek Finance Minister Christos Staikouras is expecting Greece’s tourism revenue to double this year predicting it will reach 8 billion euros compared to 4 billion euros in 2020, adding however that it will still not be able to cover losses incurred due to the coronavirus pandemic. In an interview […]

Greece’s 13 Key Reforms, Investments for Recovery

By admin 17 Μαρτίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Photo source: Travel Trade Athens Power grid expansion, energy efficiency, reforestation, and 5G infrastructure are just some of the 13 key reforms and investments – part of Greece’s recovery plan – presented by Greek Finance Minister Christos Staikouras at Tuesday’s Ecofin meeting. Staikouras presented 13 key areas set to stimulate recovery in Greece which will […]

New Covid-19 Support for 500,000 Greek Businesses

By admin 11 Μαρτίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Greek Prime Minister Kyriakos Mitsotakis announced on Thursday a new round of Covid-19 support measures for some 500,000 businesses and millions of employees raising the total to 36.5 billion euros for the 2020-2021 period. The fresh round of actions, which also provide backing to the country’s self-employed, include: – the launch in April of the […]

SETE Urges Further Financial Aid for Greek Tourism Enterprises

By admin 16 Φεβρουαρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

The Greek Tourism Confederation (SETE) is calling on the government to extend its new (seventh) round of refundable financial assistance also to tourism businesses. The “repayable advance” measure, known in Greek as “epistreptea prokatavoli”, is tax-free aid in the form of state loans to businesses affected by the outbreak of Covid-19. Half of (50 percent) […]

Greek Finance Ministry Extends Deadlines for Tax Debt Payments

By admin 12 Φεβρουαρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Photo source: Athens Traders Association (esathena.gr) Greek taxpayers affected by the coronavirus pandemic who have still not paid their taxes will have until the end of the year to pay up, the Finance Ministry said on Thursday. Finance Minister Christos Staikouras announced an eight-month extension to the tax payment deadline on top of a previous […]

Greek Tourism Backed by New Finance Ministry Covid-19 Aid

By admin 8 Φεβρουαρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Greek tourism professionals are set to benefit from a series of new Covid-19 relief measures announced by the Finance Ministry, including a 13 percent reduction in VAT to continue through to September. More specifically, Greek Finance Minister Christos Staikouras said on Monday that a total of 5.9 billion euros would be released in the Q1 […]

Greece Gets €728m in SURE Unemployment Support

By admin 2 Φεβρουαρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Greece is set to receive a total of 728 million euros in funding after the European Commission announced on Tuesday that it had disbursed 14 billion euros in total to nine member states in the fourth instalment of financial support under the SURE unemployment scheme. The funds, which come as part of the first disbursement […]

Greece to Strengthen Covid-19 Response, Disaster Prevention with EIB €595m Loan

By admin 1 Φεβρουαρίου 2021 No comment

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A new 595-million-euro European Investment Bank (EIB) loan will transform civil protection across Greece to better tackle Covid-19 and reduce loss of life through natural disasters. Agreed on Friday between EIB and the Greek government, the loan, which offers long-term financing and shared technical best-practice, will help to transform disaster prevention and response to

EIB to Fund Small Scale Climate, Social Projects in Greece

By admin 27 Ιανουαρίου 2021 No comment

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Deputy Development & Investments Minister Yiannis Tsakiris and EIB President Werner Hoyer The European Investment Bank (EIB) and Greece agreed on Monday to allocate 200 million euros in funds to accelerate small-scale investments in innovation, entrepreneurship, clean energy, environmental protection, education and health. The funding is aimed at ensuring