Christos Staikouras

ESM calls for prudence and reforms

Greece needs to follow prudent fiscal policy and continue reforms in order to ensure the confidence of the markets, Pierre Gramegna, the new executive director of the European Stability Mechanism (ESM), pointed out on Thursday following his meeting in Athens with Finance Minister Christos Staikouras.

Disposable income rebounds

Disposable household incomes rose by 10.2% in the third quarter of 2022, reaching 37.7 billion euros, compared to 34.2 billion euros in the same period last year, according to data the Hellenic Statistical Authority (ELSTAT) released on Tuesday.

Loan adjustments: Greek Fin. Min meets with servicers

Loan arrangements were yesterday at the center of the meeting of Finance Minister Christos Staikouras with servicers. According to information, the two sides noted the progress that has been made, while they discussed their forecasts for the rest of 2023. The meeting was attended by the heads of the companies as well as Mr. Spyros Pantelias from the Bank of Greece.

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