FinMin Staikouras details second phase of measures to help in Covid-19 fallout

1 May 2020
435 Views

Greek Finance Minister Christos Staikouras announced a new, targeted package of measures for the repercussions of the Covid-19 pandemic in Greece on Wednesday evening, ahead of the country’s initial rollback on Monday of lockdown measures.

The measures include details on an earlier government announcement for the protection of the main home of families, by extending a safety net from foreclosure by another three months to the end of July, and providing subsidies to responsible borrowers in order to meet their obligations.

This is the second phase of the government’s measures to face the economic and health crisis.

The efforts focus on supporting businesses and families who were either in debt before the pandemic or accrued more NPLs after it, and paying out living bonuses to a wide array of professionals and families.

Staikouras said that the entire cost of measures implemented already or going into effect shortly amounts to nearly 12.5 billion euros, and their added value to 17.5 billion euros.

You may be interested

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths
GREECE
shares29 views
GREECE
shares29 views

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths

makis - Mar 05, 2021

Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,215, of which 15…

Great city routes to explore on foot in Athens
ART
shares27 views
ART
shares27 views

Great city routes to explore on foot in Athens

Panos - Mar 05, 2021

Athens reveals its best charms to those who put one foot in front of the other! Whether you’re looking to…

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis
DEFENCE
shares43 views
DEFENCE
shares43 views

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis

Panos - Mar 05, 2021

Turkey has invented a new “reconciliation,” after attempts to spread propaganda stories of “reconciliation” with Israel failed last year. In…

Leave a Comment

Your email address will not be published.