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

1 May 2020
357 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

Pakistani gang leader arrested by Greek police
GREECE
shares18 views
GREECE
shares18 views

Pakistani gang leader arrested by Greek police

makis - Nov 27, 2020

The Pakistani leader of a gang, whose knife-wielding members broke into an apartment in Kaminia last Saturday and slaughtered a…

These blood types have a lower risk of contracting Covid-19
HEALTH
shares27 views
HEALTH
shares27 views

These blood types have a lower risk of contracting Covid-19

Panos - Nov 27, 2020

New research adds to the growing body of evidence that people with blood type ‘O’ may have a lower risk…

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks
WORLD
shares42 views
WORLD
shares42 views

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks

Panos - Nov 27, 2020

Former New York Times reporter Alex Berenson has slammed Amazon for attempted ‘censorship’ after the company backed down from its…

Leave a Comment

Your email address will not be published.