Christos Staikouras

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.

Finance Minister Christos Staikouras stated on Thursday  that the consequences of the global crisis will continue to affect Greece even though the state of the Greek economy will be better than in much of Europe during an interview given to the Parapolitika radio station. 

Christos Staikouras was named Finance Minister of the Year 2023 for Europe by The Banker magazine of the Financial Times group, whose awards celebrate the officials that have best managed to stimulate growth and stabilize their economy.

Prudent fiscal management and the best use of available funds will allow Greece to face uncertain times effectively and achieve investment-grade status, which is the central national goal for 2023, Finance Minister Christos Staikouras has told the Athens-Macedonian News Agency (AMNA). 

Finance Minister Christos Staikouras ruled out a Fuel Pass 3 subsidy, at this point in time.

Characteristically, Mr. Staikouras emphasized that according to the Eurogroup the reductions must be targeted and therefore there can be no horizontal reduction of taxes. The Minister noted  the Excise Tax also because it will mean 1 billion euros less.

Around mid-October, experimental flights (with a scaled-down drone) will take place as part of the "Archytas" program, according to Finance Minister Christos Staikouras.

The Greek Finance Minister, Mr Christos Staikouras, spoke of new additional fiscal space that will bring permanent and temporary measures to support households and businesses.

Τhe positive picture of the Greek economy is threatened by high inflation, due to soaring energy costs, the Greek Finance Minister, Mr Christos Staikouras told to SKAI channel. The minister stressed that the positive picture is shaped by tourism revenues which, if they continue to increase at the same pace, may exceed those of 2019.

According to information, Finance Minister Christos Staikouras is exerting pressure on banks and servicers in order to increase volume of loan arrangements through both out-of-court settlements and bilateral agreements.

Eurozone finance ministers are expected to signal Greece's exit from the enhanced supervision regime.

The Finance Ministers are meeting in Luxembourg today, where, they are expected to approve the 14th (and final) Evaluation Report of the European institutions for Greece.