Support plan on seven pillars
The Finance Ministry is working on a plan for restarting economic activity once the coronavirus storm subsides, consisting of seven key steps.
The plan's final form will depend on the course of the health crisis. This is why a recent government meeting on the economy was also attended by the chief Health Ministry adviser and spokesman for the coronavirus, Sotiris Tsiodras, who presented his estimates on the course of the pandemic.
The main pillars of the economic recovery plan are the further reduction of corporate taxes and social security contributions, the acceleration of amortizations aiming at strengthening investments, introducing numerous tranches for debts to tax authorities and social security funds amassed over this period, and the utilization of all available instruments, mainly European resources, for injecting the economy with liquidity. The ministry is...