Christos Staikouras

Paris backs Athens' demands on fiscal space, bond earnings, migration costs

Paris supports Athens' demand from its creditors for more fiscal space to provide further relief to taxpayers, French Finance Minister Bruno Le Maire told his Greek counterpart Christos Staikouras in Athens on Tuesday, during a meeting largely dominated by talks on the economic impact of the new coronavirus.

Greece-UAE Broader Strategic Cooperation Forum in Athens on Wednesday

A working meeting of the Greece-UAE Broader Strategic Cooperation Forum will be held in Athens on 19 February following Prime Minister Kyriakos Mitsotakis' visit to UAE.

Mitsotakis will meet on Wednesday morning with the head of the delegation, State Minister of UAE Sultan Al Jaber, at the Maximos Mansion.

European Investment Bank announces major agricultural support investment in Greece

European Investment Bank (EIB) president Werner Hoyer announced ambitious plans for major investments in Greece in 2020 during a visit to Athens for talks with Prime Minister Kyriakos Mitsotakis, Finance Minister Christos Staikouras and other government officials today.

Partnership with National Bank of Greece, Piraeus Bank

Greek government holds on to Elliniko jewels

After the expiry of the concession of the old Athens airport at Elliniko, on the city's southern coast, the Greek state will retain ownership of the integrated casino complex, the marina, the marina hotel and the marina mall, and another six major plots plus one more where another hotel may be built, Kathimerini can reveal.

Half of all protected debtors viewed as strategic defaulters

One in every two borrowers who have come under the protective umbrella of the Katseli law is a strategic defaulter, while there are similar indications about one in every three debtors who entered the existing platform for the protection of their main residence, and for one in every three whose properties are set to be auctioned, as they find the money to pay off their dues, Finance Minister Ch

Greece needs ‘more fiscal space’ to implement growth policies, says FinMin

Greece needs more "fiscal space in the next two years" via lower primary surplus targets in order to implement the recently elected center-right government's economic policies, Finance Minister Christos Staikouras said.

"We are emphatic about this and present good arguments," he told Germany's Der Spiegel in an interview over the weekend.

Decision on bond profit use in June

The government will need to secure positive reports from its creditors on the reforms front in the next assessments and see the economy keep advancing if it wants a favorable response to its requests, such as a reduction in the primary surplus targets and the use of SMP and ANFA proceeds for investments, according to European Commissioner for the Economy Paolo Gentiloni's talks on Thursday with

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