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Economy

Staikouras: Total Cost of Virus Support Measures at €5.9B in 1st Quarter

February 8, 2021

ATHENS — The total cost of support measures to deal with the pandemic in the first quarter of this year amounts to 5.9 billion euros so far, Finance Minister Christos Staikouras said on Monday, explaining that as monthly cost to the economy from the health crisis was now 2.4 billion euros, while due to the decisions for additional restrictive measures in the last two weeks, there was an additional monthly fiscal cost of 750 million euros.

"The finance ministry will be close to society for as long as is needed, but the available resources are not unlimited," Staikouras said, adding, among other things, that the retail sector will be relieved of the obligation to pay rent in March and that there will be an extension of reduced VAT on coffee and non-alcoholic beverages, transport, cinemas and theatrical performances, transport and tourism, while he announced two more rounds of the "repayable advance" (6th and 7th) totalling 1.5 billion euros.

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Mission…to Alonnisos, a TNH Documentary

O oceanic you sing and sail White on your body and yellow on your chimeneas For you're tired of the filthy waters of the harbors You who loved the distant Sporades You who lifted the tallest flags You who sail clear through the most dangerous caves Hail to you who let yourself be charmed by the sirens Hail to you for never having been afraid of the Symplegades (Andreas Empeirikos)   What traveler has not been fascinated by the Greek islands, drawn by the Sirens’ song of a traveler’s dreams? TNH and our video show ‘Mission’ marked the change of the season by transporting viewers into the heart of summer.

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