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Economy

Finance Ministry Amendment with New Support Measures for the Economy Goes to Parliament

ATHENS – The finance ministry's amendment with the measures of the new support package for the economy was submitted to parliament on Thursday.

These include, among other things, provisions for the reduction of VAT charged by restaurants, compensation of property owners for the reduced rents they are collecting, extension of deadlines for the payment of certified debts and suspension of the collection of certified debts for affected property owners. Favourable tax arrangements are also provided for aircraft pilots, as well as for sailors who are suspended from work.

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ATHENS - If the Bank of Greece did not operate under the protection of the institutional framework of independence, after what happened in 2015, the country would have perhaps left the eurozone, Bank of Greece (BoG) governor, Yannis Stournaras, said on Saturday during the Kathimerini conference in a panel titled: "In the next 50 years, is Democracy safe?" Is Greece reformable?" "Who doubts that if it wasn't for the Bank of Greece, we might not be in the euro after the adventure of 2015?" he said.

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