x

Economy

Greece Giving More COVID-19 Aid to Battered Businesses

ATHENS – Backed by some 32 billion euros ($36,22 billion) in European Union COVID-19 loans and grants – and its own draining coffers – Greece’s New Democracy government is planning more assistance to businesses hard hit by the lingering pandemic.

It will be especially focused on culture and food services and more support for workers laid off because of the economic fall, Finance Ministry sources not named told Kathimerini, but no figures were reported.

That will be based on losses by the businesses based on online transaction data collected by the ministry weekly, which doesn’t include cash transactions done to avoid paying taxes.

More help is being targeted toward cultural institutions as musicians and performers and theaters have been often been unable to work and the facilities closed or limited in how many customers are allowed.

Development Minister Adonis Georgiadis indicated food services will be getting more aid packages, the paper said. “We must first see the actual impact on food service before deciding what kind of support will be granted,” a senior Finance Ministry official also told the paper.

 

RELATED

ATHENS - A protest rally at Syntagma Square concluded on Tuesday evening with farmers from all of Greece calling on the government to meet their demands.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

‘Without Us, You Don’t Eat’: Greek Farmers Ride Some 200 Tractors to Athens to Demand Financial Help (Vids)

ATHENS — Greek farmers rode Tuesday some 200 tractors to the capital, Athens, demanding financial help from the government as cost of living spiked in the Mediterranean country.

ATHENS - SYRIZA-Progressive Alliance leader called on members of the Political Secretariat meeting on Tuesday to clarify whether they are doubting him as party leader.

WASHINGTON - The White House continues to warn Israel against expanding its offensive into Rafah, the southernmost city in the Gaza Strip.

KANSAS CITY, Mo — Missouri prosecutors said Tuesday that two men have been charged with murder in last week’s shooting that killed one person and injured 22 others after the Kansas City Chiefs’ Super Bowl parade.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.