Kostis Hatzidakis

The Ministry of National Economy and Finance intends to display its confidence in fiscal stability and responsible fiscal policy, both with the initial scenario for the Stability Program that will be sent to Brussels by the end of April, and with the Midterm Fiscal Plan until September 20.

The Recovery and Resilience Fund enabled investments that otherwise would not have been made or would have been significantly delayed, Minister of National Economy and Finance Kostis Hatzidakis emphasized in his intervention at the ECOFIN meeting in Luxembourg on Friday.

The new reduction in social security contributions by employers, which the government plans to implement in two phases, will start in 2025, it has been confirmed.

European Economy Commissioner Paolo Gentiloni met with Finance Minister Kostis Hatzidakis on Tuesday and discussed the new framework of fiscal rules, the course of implementation of the Recovery and Resilience Facility (RRF), as well as tax policy issues.

Checks on beaches are beginning by mixed squads, which are called to establish if there are any illegalities by businesses and hotel units.

Already, by a decision of Minister of National Economy and Finance Kostis Hatzidakis, fines have been activated, which, apart from the removal of arbitrary constructions and exclusion from tenders and concessions, can reach 60,000 euros each.

Finance Minister Kostis Hatzidakis disclosed a new array of economic measures for 2025 during the Delphi Economic Forum on Wednesday, valued at 870 million euros.

Greece determines the benefit of the state from its divestment from the systemic banks at 3.5 billion euros.

National Economy and Finance Minister Kostis Hatzidakis told the Parliament's Finance and European Affairs Committees on Thursday that the government will "have to be serious as regards fiscal policy and we will be. We believe in fiscal seriousness."

POS transaction service providers are being forced to cut their fees in an attempt to prevent a legislative intervention from the government.

National Economy and Finance Minister Kostis Hatzidakis and his deputy Nikos Papathanasis received European Commissioner for Cohesion and Reforms Elisa Ferreira for a meeting in Athens on Thursday.

During the meeting, an overview of the progress of projects implemented under the National Strategic Reference Framework 2014-2020 (NSRF 2014-2020) was provided.