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

PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.

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

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

On Monday, April 22, 2024, history was being written in a Manhattan courtroom.

PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.

WASHINGTON (AP) — A tiny Philip Morris product called Zyn has been making big headlines, sparking debate about whether new nicotine-based alternatives intended for adults may be catching on with underage teens and adolescents.

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.