The European Commission commended Greece for moving ahead with reform commitments, and said it would proceed with the release of a new tranche of debt relief.
Greece has gained access to 2 billion euros worth of funds from the EU's SURE instrument, which is aimed to help companies and employees affected by Covid-19.
Greece’s economy can endure a possible second lockdown to curb the spread of Covid-19 if necessary, according to Greek Finance Minister Christos Staikouras.
The Olympia Forum I, a new event that aims to contribute to the economic and cultural development of the country’s 13 regions, will take place during September 18-20 in Ancient Olympia.
Greece saw its GDP plunge by 15.2% in the second quarter of 2020 compared to the same period a year ago, affected by the Covid-19 pandemic, according to ELSTAT.
Greece's Finance Minister Christos Staikouras said the government was preparing a mixed package of measures to support Covid-hit households and businesses.
Greece is still resilient to Covid-19 compared to other countries despite the rise in positive cases, according to Government Spokesman Stelios Petsas.
Greece has no need to resort to European Stability Mechanism (ESM) loans to deal with the coronavirus impact, says Greek Finance Minister Christos Staikouras.
Greece could save up to 800 million euros in interest rates over the next decade, if it chooses to use the European Stability Mechanism's (ESM) credit line.
