Fiscal policy

Treasury and Finance Minister Mehmet Şimşek has said they will continue to support the Central Bank's fight against inflation with fiscal policy.

The economic program aims to restore price stability and fiscal discipline while addressing macroeconomic challenges, such as reducing the current account deficit, Şimşek stressed.

Funds amounting to 4 billion euros have been allocated specifically for small and medium-sized enterprises, Alternate Minister of National Economy and Finance Nikos Papathanasis said on Friday at the Delphi Economic Forum.

During their meeting, the new framework of fiscal rules, the course of implementation of the Recovery Fund, as well as tax policy issues were discussed

National Economy and Finance Minister Kostis Hatzidakis told the Parliament's Finance and European Affairs Committees on Thursday that the government will "have to be serious as regards fiscal policy and we will be. We believe in fiscal seriousness."

The European Commission considers the period between 2025 and 2034 to be high-risk and critical for the sustainability of the Greek debt, after which, if it is overcome, in the long term and until 2070, Greece will be a low-risk country on this front.

So how are we doing?

Prices are now lower than the amount after subsidies - DEI dominates with loyal customers and the green tariff prevailing - Mobility only among private suppliers - Room for even greater reductions

Fabrizia Lapecorella, deputy secretary-general of the Organization for Economic Co-operation and Development, has indirectly identified three main weaknesses in Greece's fiscal policy: the need to reduce the tax wedge in the labor market - that is the gap between the salary employers pay and the actual amount workers take home - and increase taxation on capital; to broaden the tax base and redu

The joint statement on the orientation of the eurozone's fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister of Finance Makis Keravnos said on Monday in Brussels, where he was attending the meeting of the Eurogroup.

A program launched a year ago providing subsidies to companies to hire former drug addicts, ex-convicts, victims of gender-based violence and human trafficking, and others to assist them in re-entering the labor market has reportedly been crowned with success.