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Displaying items by tag: staikouras

Greece "has accessed the markets today, through adverse social and economic conditions created globally by the pandemic, and succeeded," Finance Minister Christos Staikouras said on Wednesday after a seven-year syndicated bond loan raised 2.0 billion euros at an interest rate of 2.05 pct.

Published in Greece

European Union finance ministers agreed late on Thursday on a 540-billion-euro package of measures to combat the economic fallout of the coronavirus pandemic.

Published in World

The impact of the coronavirus on the Greek economy is expected to be gentler than in other eurozone countries, but forecasts depend on how long the pandemic lasts, Finance Minister Christos Staikouras told SKAI TV on Thursday. The minister noted that, on the basis of current figures, GDP is expected to shrink by 1-3 pct due to the coronavirus, while a strong recovery is expected in 2021.

Published in Greece
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