x

Economy

Greece Receives 2.0 Billion Euros from SURE Programme

November 17, 2020

BRUSSELS — The Greek government will continue the exploitation of domestic and European funds, methodically with efficiency and social justice, in its efforts to mitigate, as much as possible, the impact of the current ordeal on households and enterprises and to lay the foundations for a swift and strong recovery, Finance Minister Christos Staikouras said on Tuesday. Commenting on the first disbursement of funds from the SURE programme, Staikouras said the 2.0 billion euros received on Tuesday will be used on support measures for workers and employers to preserve job positions in the country.

"Seven months after a Eurogroup decision to create a safety net for workers through the SURE programme and six months after its establishment, Greece, today, receives the first disbursement of funds from the programme. This disbursement totals 2.0 billion euros, from a total of 2.7 billion euros earmarked for the country as a loan by SURE with extremely low -close to zero – borrowing cost. This money will be used to preserve job positions," the finance minister said.

 

RELATED

ATHENS - With the economy accelerating, Greece plans to make an early repayment of 8 billion euros ($8.

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

1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

Today, I will talk about a food that I associate with summer, shellfish, as that is their ‘season’ in the Mediterranean.

THRU AUGUST 4 STOCKBRIDGE, MA – ‘Microcosms: A Solo Exhibition of Selected Works’ by Peter D.

LONDON - A second generation Greek-Cypriot in London, Georgina Hayden has used her heritage to write cookbooks showing off recipes from her homeland and her latest, Greekish, offers everything from Baklava cheesecake to Burnt Butter Eggs and Goat’s Cheese.

The two biggest wastes of time this election year are reminders that Joe Biden’s cognitive skills are in freefall and that Donald Trump’s a convicted felon.

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.