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Greece to spend 4 billion euros on pandemic support in second half of 2021

Greece will pump a further 4.4 billion euros into its economic system within the second half of the 12 months to prop up companies and households battered by the coronavirus pandemic, Finance Minister Christos Staikouras mentioned on Monday.

Staikouras mentioned Greece will spend a complete of 42.7 billion euros in state assist for 2020-22.

The federal government was additionally contemplating issuing its first so-called “inexperienced bond,” Staikouras mentioned with out giving a timeframe, together with an early reimbursement of loans to the Worldwide Financial Fund and to euro zone international locations.
Source: Reuters

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