Log in
A+ A A-

The necessity to extend support measures

The continuation of support measures for households and enterprises and of a fiscal loosening is necessary, and this need is even bigger in countries whose economies are largely dependent on the services sector and sectors such as tourism, Greek Finance Minister Christos Staikouras said on Monday, addressing a Eurogroup meeting.

  • Published in Greece

Greece announces new early repayment of IMF loans

Greek Finance ministry has launched procedures for the early repayment of a chunk worth 3.6 billion euros of a loan received by the International Monetary Fund. The specific repayment will cover loans ending in 2021 and 2022, Finance Minister Christos Staikouras said on Monday. It will be the second early repayment of IMF loans within a year, totaling 6.3 billion euros, from a total of around 8.0 billion euros received from the IMF, or around 80 pct.

  • Published in Greece

Greek Finance Minister satisfied with 6th Enhanced Surveillance Report on Greece

Finance Minister Christos Staikouras on Thursday said that he was particularly satisfied with the 6th Enhanced Surveillance Report on Greece released by the European Commission, on the basis of which a “green light” has been given for the disbursement of a 748-million-euro installment of ANFAs and SMPs, the profits from Greek bonds held by the European Central Bank and the central banks of EU member-states. The minister pointed out that the Commission recognizes the country’s efforts in the economy, even in the midst of particularly adverse conditions.

  • Published in Economy
Subscribe to this RSS feed