PM Mitsotakis urges bankers to help businesses with liquidity tools
- Written by E.Tsiliopoulos
Prime Minister Kyriakos Mitsotakis discussed how banks can infuse liquidity into the Greek economy following the coronavirus pandemic, at a Tuesday video conference with key ministers, the governor of the Bank of Greece and bank executives.
Mitsotakis noted that the survival of coronavirus-afflicted businesses is the government's primary concern, and that banks must ensure that liquidity tools provided by the government to them are channeled to Greek businesses, regardless of size.
They also discussed how the new European financial instruments can be best utilized to increase liquidity after the negative impact of the pandemic's first wave.
"We need to absorb the shocks as best we can and lay the groundwork for a dynamic restart," Mitsotakis underlined.
Responding to the Prime Minister's call for recovery, bankers estimated that approximately 16 billion euros of support funds can be directed into the Greek economy in the rest of 2020.
Related items
-
The programs for hosting diaspora children by the General Secretariat of Hellenism Abroad continue
-
Anne Hathaway: In Hydra for a vacation with her family
-
Pyrros Dimas: Photographed with Snoop Dogg in France
-
Tourists in Skiathos continue dangerous habit of sitting in back of planes while turbine kicks on (video)
-
Dendias after LoA signing: acquisition of F-35s will lead Hellenic Air Force into a new era
Latest from E.Tsiliopoulos
- The programs for hosting diaspora children by the General Secretariat of Hellenism Abroad continue
- Anne Hathaway: In Hydra for a vacation with her family
- Pyrros Dimas: Photographed with Snoop Dogg in France
- Tourists in Skiathos continue dangerous habit of sitting in back of planes while turbine kicks on (video)
- Dendias after LoA signing: acquisition of F-35s will lead Hellenic Air Force into a new era