Christos Staikouras

"All the policies that we announced at the Thessaloniki International Fair for 2022 apply, but for other political initiatives that we would like to take, the budgetary margins to be taken are limited", said the Minister of Finance Christos Staikouras and explained that "as much as we are forced to help society, these 500 million euros - which were announced yesterday that will be given - are m

The Greek government was quick to pounce on the latest upgrade of the country's credit rating on Friday evening, pointing out that Greece's same-day upgrade by DBRS Morningstar by one grade, from ΒΒ (Low) to ΒΒ, comes a week after a similar hike by Scope Ratings.

Greece is "getting rid" of expensive debt, laying the groundwork for the early repayment of part of the bilateral loans from the first Memorandum of 2010 (2.7 billion euros per year) and the further repayment of IMF loans (1.9 billion euros). The signal was officially sent by the Minister of Finance Christos Staikouras and according to information, these moves will start in the near future.

"Scope Ratings" today, upgraded Greece's credit rating to "BB +", from "BB" previously, setting our country a "step" away from the investment level, commented Minister of Finance Christos Staikouras, with a post on Facebook.

Strong GDP growth of 16.2% in the second quarter compared to 2020, following in the footsteps of the rest of the eurozone economies.

By George Gilson

Cabinet reshuffles are most often an attempt to transcend the serious errors of ministers in the handling of crucial issues in order to signal a new beginning for the government, free of the albatrosses of the past.

The Minister of Finance, Mr. Christos Staikouras, is going to Brussels today, in order to participate in the Eurogroup meeting and a day later in the Ecofin meeting.

At tomorrow 's Eurogroup, Eurozone Finance Ministers will discuss the Eurozone' s fiscal course and prospects, focusing on next year.

Perhaps the most historic project of the recent years was signed a short while ago. The investment of Hellinikon Project was signed and got off the ground just a few hours ago, after 7 years of waiting and almost 20 years from the day the old airport of Athens stopped operating.

The meeting between Greek Finance Minister Christos Staikouras and European Stability Mechanism (ESM) Managing Director Klaus Regling in Luxembourg, ahead of the Eurogroup meeting there on June 17 was "a very constructive meeting," an ESM statement said on Wednesday.

The 10th post-memorandum evaluation report of the Greek economy is expected to be presented during today's Eurogroup meeting in Luxembourg, which will be attended by Finance Minister Christos Staikouras.

Therefore, Greece is expected to take another step towards a positive direction, as another evaluation is successfully completed.