Hard hit by the coronavirus pandemic, Greek restauranteurs are calling on the government to provide liquidity and support in order for businesses to remain above water until they are allowed to re-open. In a meeting with Greek Finance Minister Christos Staikouras, the president of the Panhellenic Federation of Restaurants and Related Professions (POESE), George Kavvathas
Greece’s tourism businesses, including hotels and travel agencies, are among those eligible for a reduction in two monthly lease payments due to the country’s lockdown imposed to curb the spread of the coronavirus (Covid-19). The measure, announced initially by Greek Prime Minister Kyriakos Mitsotakis in parliament, concerns an 80 percent reduction to the January 2021
Greek Finance Minister Christos Staikouras announced on Tuesday a new round of 7.5 billion euros in Covid-19 relief aid for businesses and employees for 2021. Speaking in parliament, Staikouras reiterated that the government’s priority was to “support society for as long as necessary”, adding that an estimated 30.5 billion euros is available until the end […]
Athens, Syntagma square. Photo: Visit Greece / Y. Skoulas Eurogroup – an assembly of the eurozone’s finance ministers – approved this week the release of 767 million euros in support after the European Commission commended Greece for implementing reform commitments despite the unprecedented circumstances posed by the coronavirus outbreak. The new tranche of debt
Photo Source: @European Commission The European Commission (EC) commended Greek authorities for moving ahead with reform commitments despite the extraordinary circumstances posed by the coronavirus outbreak, paving the way for the release of a new tranche of debt relief agreed to as part of Greece’s post-bailout program. “In spite of the adverse circumstances
Greece from Tuesday, November 17, will have access to funds from the EU’s SURE instrument, which is aimed to help companies and employees affected by the coronavirus (Covid-19) pandemic, according to European Commission President Ursula von der Leyen. Speaking yesterday on Greek public broadcaster ERT, von der Leyen said that Greece will have access to 2 […]
Greek Finance Minister Christos Staikouras. Photo source: @cstaikouras The Greek Finance Ministry announced on Thursday that it would be releasing 3.3 billion euros in aid to support businesses and workers impacted by the coronavirus (Covid-19) pandemic as Greece enters a second lockdown on Saturday. The measures concern employees who have been suspended from work
The Hellenic Parliament. Photo Source: @PressParliament Bolstering the business environment, diversifying production, fostering productivity through investment and innovation, and boosting employment are the key areas Greece must focus on in order to achieve post-Covid-19 recovery, said Greek Finance Minister Christos Staikouras. Speaking this week during the annual
Athens, Greece The Greek Finance Ministry announced a series of relief measures aimed at assisting areas that have been hit hardest by the coronavirus (Covid-19) pandemic. According to Finance Minister Christos Staikouras, the following support measures will apply for Level 4 (very high risk) cities or regions: – 50 percent of the refundable advance payment […]
Greek Finance Minister Christos Staikouras (center) Greece’s economy can endure a possible second lockdown to curb the spread of Covid-19 if necessary, said Greek Finance Minister Christos Staikouras, adding that the country’s available resources amount to 37.7 billion euros. Speaking to SKAI channel a day after the number of Covid-19 cases in Greece increased to […]


















