Gov't unveils fourth package of measures to support economy

The government on Monday announced a comprehensive package of measures for the support of businesses and employees affected by the coronavirus pandemic. 

Among the measures heraldd by Finance Minister Christos Staikouras is the extension of a 800 million-euro handout to a total of 1.7 million workers along with an extension of a moratorium of their debts to the state for 4 months.

Staikouras added that protective measures will be extended to benefit a total of 800,000 affected businesses. They will benefit from a suspension of paying value added tax and debts to the state, Staikouras said, adding that a precondition for inclusion in the scheme is keeping all workers in employment. 

As regards the Easter bonus, it will be paid in full to all employees of all businesses, Staikouras said, adding that the state will pay the bonus in the event that the workers are...

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