Christos Staikouras

Gov't unveils fourth package of measures to support economy

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.

Finance minister says coronavirus has suspended planned bond issue

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.