spot_img

      Subscribe Now!

 

Monday, July 4, 2022
spot_img
spot_img
GreeceBusinessWe will find more fiscal space again, Greek FinMin says

We will find more fiscal space again, Greek FinMin says

Avatar
Hellenic News of Americahttps://www.hellenicnews.com
The copyrights for these articles are owned by HNA. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of HNA and its representatives.

Latest articles

Greek Finance Minister Christos Staikouras on Tuesday said he was optimistic that the government will once again find the necessary fiscal space to support households and enterprises.

In comments made to SKAI radio station, Staikouras said it was too early to refer specifically to any future intervention before consulting with the prime minister over the government’s priorities.

“We need to stand by society constantly, we need to find fiscal space and return this to society with prudence since we have to be very careful with our public finances. We will have a primary deficit this year also, while our public debt is sustainable but the highest in Europe, we are still under enhanced surveillance and there is no investment grade,” the FinMin said. He added that inflationary pressures were rising, while at the same time unemployment was shrinking and tax relief measures were supporting households’ available income.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

Get Access Now!

spot_img
spot_img