Hatzidakis

The European Union finance ministers reached a compromise agreement for the new Stability and Growth Pact on Wednesday during an Ecofin teleconference, after weeks of arduous consultations on the new reform framework on the pace of debt and deficit reduction by member-states.

National Economy and Finance Minister Kostis Hatzidakis urged more investors from the United States to invest in Greece, in his speech on Monday at the 25th Invest in Greece forum organized by Capital Link in New York. 

Νational Economy and Finance Minister Kostis Hatzidakis on Tuesday announced the start of the process to establish a National Investment Fund within the context of the Growthfund, in which the Hellenic Corporation of Assets and Participations SA (HCAP) has collected significant government assets under a single institutional structure for their more efficient operation and exploitation.

The Greek economy's six challenges in 2024 were the focus of an address by National Economy and Finance Minister Kostis Hatzidakis at an event on Monday, although he underlined that Greece has "turned the page."

About 2.3 million citizens who belong to the most vulnerable social groups will share the amount of 353 million euros from the budgetary overperformance, the government announced on Thursday.

Finance Minister Kostis Hatzidakis has announced that enforcement actions on movable or immovable property for natural persons and businesses affected by the heavy rains, floods and landslides in September in the region of Thessaly in central Greece are suspended for six months.

The European Union's new fiscal rules should ensure both fiscal discipline and economic growth, while considering countries with high defense spending, noted Greek National Economy and Finance Minister Kostis Hatzidakis on Thursday.

A new draft law by the Ministry of National Economy and Finance includes eight measures to protect vulnerable borrowers, increase transparency in how borrowers are informed by servicers, and enhance competition within the banking system.

The bill was unveiled for public consultation from Wednesday up to November 22.

Economy and Finance Minister Kostis Hatzidakis is scheduled to travel to Brussels on Wednesday to participate in the Eurogroup and ECOFIN meetings.

The government announced on Tuesday that as of this year self-employed professionals will be presumed to earn a minimum of 10,920 euros, which under certain conditions will reach €50,000, and will be taxed accordingly through the declarations to be submitted in 2024.