€1 Billion for Farmers by June: Hatzidakis Signals Support Amid Political Maneuvering
“We focus on supporting the real producer,” says Kostis Hatzidakis • Government targets timely payments and regional influence.
“We focus on supporting the real producer,” says Kostis Hatzidakis • Government targets timely payments and regional influence.
Certificates abolished, EFKA-style public services expanded and notaries upgraded as one-stop shops in a major reform push
“Let’s not open wounds that could harm the country – This is not just opposition, it's reckless,” warns Deputy PM
He noted that in Greece, direct payments constitute 25% of the total, surpassing the Eurozone average of 20.9%.
In a post on social media, Deputy Prime Minister Kostis Hatzidakis referred to the Attica-Crete submarine electricity interconnection, saying that it is a project of national importance with multiple benefits.
The government is planning further tax reductions for middle incomes and those who conscientiously pay their taxes, Deputy Prime Minister Kostis Hatzidakis
Changes in property and business taxation, innovations that will bring tax relief, attract new investment and further boost incomes
They see the figures for growth, public debt, primary surpluses, investment, exports, falling unemployment and the great progress that has been made.
Use of the IRIS direct payment system soared during 2024, according to the economy and finance ministry, with one in every two citizens with an activated web banking account - more than three million users
He also announced a small quantitative extension of the "Hercules" programme in order to further reduce non-performing loans and anextension of the deadline for freelancers and the self-employed to join the IRIS instant payments system.
Greece's recently launched digital work card aimed at tackling undeclared labor has already started to produce results, said Economy and Finance Minister Kostis Hatzidakis
The Economist Intelligence Unit measures the attractiveness of the business environment in 82 countries based on 91 variables in 11 different categories.
"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said
The Hellenic Financial Stability Fund (HFSF) announced on Thursday that it has concluded the sale of all the shares it held in Piraeus Financial Holdings
The increase of the minimum wage will be announced at the end of March in order to be applied from April 1, 2024
The Japanese Rating and Investment Information (R&I) rating agency was the first to give Greece an investment grade
The successful completion of a 10-year syndicated bond issue is a success of all Greeks and a reward of the government's economic policy
According to the minister, "the country is in the midst of two parallel and interconnected digital transformations: the Digital Transformation of the Government and the Digital Transformation of the Economy," Hatzidakis noted stressing the important role of the European resources, both from the NSRF and from the Recovery and Resilience Facility, which in total amount to approximately 3.4 billion euros.
Economy and Finance Minister Kostis Hatzidakis urged more investors from the USA to invest in Greece, in his speech on Monday at the 25th Invest in Greece forum organised by Capital Link in New York.
The Economic & Financial Affairs Council (ECOFIN) of EU finance ministers on Friday adopted implementing decisions approving the amended Recovery & Resilience plans of Greece and another 12 countries
Fitch is the third out of the four ECB-approved ratings agencies to grant our country the investment grade status in the last months. It is a move that confirms the progress the Greek economy has made and the even brighter prospects ahead, resulting from the implementation of our policies.