New Olympia Forum Looks to Boost Development of Greece’s Regions

By admin 10 Σεπτεμβρίου 2020 No comment

Ancient Olympia, one of Greece’s most popular archaeological sites, during September 18-20, will host the Olympia Forum I, a new event dedicated to promoting the economy and culture of Greece’s 13 regions. Organized by the Delphi Economic Forum non profit organization and the Patris newspaper, the first edition of the Olympia Forum will be held […]

Greece Announces €10 Billion Worth of Covid-19 Support Measures

By admin 7 Σεπτεμβρίου 2020 No comment

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Greek Finance Minister Christos Staikouras. The Greek government has announced plans to further cushion the blow from the coronavirus (Covid-19) pandemic with a new package of measures amounting to 10 billion euros, expected to offer relief to businesses and employees until the end of the year. Speaking to Real FM radio station on Monday, Greek […]

Greek Economy Shrinks by 15.2% in Q2

By admin 3 Σεπτεμβρίου 2020 No comment

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Photo source: Hellenic Parliament Greece saw its GDP plunge by 15.2 percent in the second quarter of 2020 compared to the same period a year ago, impacted in large part to the coronavirus (Covid-19) pandemic, the Hellenic Statistical Authority (ELSTAT) said on Thursday. More specifically, based on seasonally adjusted data, the Greek economy shrunk by […]

Greek FinMin Examines Support Measures in Covid-19 Aftermath

By admin 26 Αυγούστου 2020 No comment

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Greek Finance Minister Christos Staikouras. Photo Source: cstaikouras.gr Seeking ways to ease the burden that the coronavirus (Covid-19) pandemic has had on Greek households and businesses, Finance Minister Christos Staikouras said this week that the government was preparing a mixed package of measures, including tax breaks and voluntary rent reductions. In an interview to

Greece Still Resilient to Covid-19, says Gov’t Spokesman

By admin 20 Αυγούστου 2020 No comment

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Greece is still resilient to Covid-19 compared to other countries despite the rise in positive cases, said Government Spokesman Stelios Petsas speaking to the press on Thursday. “Our country was and remains in a better epidemiological range, compared to other countries, despite the increase observed again in recent weeks worldwide,” said Petsas during the press […]

FinMin: Greece Doesn’t Need ESM Covid-19 Credit Line

By admin 5 Ιουνίου 2020 No comment

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The Hellenic Parliament. Photo Source: @PressParliament Greece has no need to resort to European Stability Mechanism (ESM) loans issued to member states to deal with the coronavirus (Covid-19) impact, said Greek Finance Minister Christos Staikouras, speaking at an Economist conference on Friday. “Based on current data, Greece does not need to resort to the ESM’s

Greece Lays Out Plan to Make Best Use of EU Emergency Funding

By admin 29 Μαΐου 2020 No comment

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The Greek government is looking to put a total of 22.5 billion euros in EU subsidies to immediate use aimed at addressing the impact of Covid-19 and strengthening the economy. Finance Minister Christos Staikouras said this week that Greece in October will table its priorities to the European Commission so that it can immediately begin […]

Support for Greek Tourism Included in New Gov’t Covid-19 Aid Package

By admin 21 Μαΐου 2020 No comment

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Greek Finance Minister Christos Staikouras. Photo source: @cstaikouras Greek Finance Minister Christos Staikouras on Wednesday gave details on a new Covid-19 economic response package, aimed to cushion the blow for businesses and the livelihoods of workers. Speaking after Greek Prime Minister Kyriakos Mitsotakis gave a televised address, who announced the package as well

ESM Credit Line Now Open, Greece Could Save up to €800m

By admin 18 Μαΐου 2020 No comment

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ESM head Klaus Regling and Europe’s Economy Commissioner Paolo Gentiloni. Photo Source: ESM Greece now has the option to tap into EU emergency funds released for member states to deal with coronavirus (Covid-19) impact, European Stability Mechanism (ESM) head Klaus Regling told the media on Friday. Should Greece choose to use the ESM’s credit line, […]

Reviving Tourism, Exports Tops Greece’s Economic Recovery Plan

By admin 4 Μαΐου 2020 No comment

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Athens, Syntagma square. Photo: Visit Greece / H. Kakarouhas Looking to the next day and at ways to recover its economy which suffered a heavy blow due to the coronavirus (Covid-19) pandemic, Greece is aiming to redefine two of its top sectors: tourism and exports. According to Greek Finance Minister Christos Staikouras, the government’s recovery […]