In an article published in Tuesday's Kathimerini, Finance Minister Christos Staikouras calls on his colleagues in the Eurogroup council of eurozone finance ministers to show solidarity as they convene on the same day and approve "a catalytic move that will offer a strong injection of liquidity to the economy."
The government will not touch the country's cash buffer and will announce fresh support measures next month, Finance Minister Christos Staikouras said on Friday, adding that the economy is expected to rebound considerably in the year's second half, moderating its annual contraction for 2020 to 3-4 percent.
The government on Monday announced a comprehensive package of measures for the support of businesses and employees affected by the coronavirus pandemic.
Among the measures heraldd by Finance Minister Christos Staikouras is the extension of a 800 million-euro handout to a total of 1.7 million workers along with an extension of a moratorium of their debts to the state for 4 months.
A rise in borrowing costs caused by the coronavirus has halted Greek plans to tap bond markets again this year, Finance Minister Christos Staikouras said on Friday.
Greece emerged from bailouts in 2018 after a decade-long debt crisis that locked it out of bond markets for years. It has since had several successful issues, including a 15-year bond in January.