The Greek Deal.com
KOSTIS HATZIDAKIS
Total (fiscal) deficit approaching zero in 2024
Greece has achieved a primary surplus of close to 3% of GDP and a total (fiscal) deficit approaching zero in 2024, said Economy Minister Kostis Hatzidakis, speaking yesterday at the founding event of the Synergia think tank in Athens.
Greece 4th in the EU in the absorption of NSRF and 8th in the Recovery Fund
Greece is among the top EU countries in terms of the absorption of Recovery Fund and NSRF resources in 2024, according to the yearly calculation presented today, at a press conference, by the Minister of National Economy and Finance, Kostis Hatzidakis.
Greece's borrowing conditions confirm confidence in our economy
The Minister of National Economy and Finance, Kostis Hatzidakis, described the result of yesterday's issuance of Greek government bonds, a 10-year bond issue, with the pumping of 4 billion euros, as tangible proof of the international investment community's confidence in the Greek economy.
81% increase in regulations in 2024
The number of successful debt settlements under the Out-of-Court Mechanism increased by 81% in 2024 compared to 2023, according to an announcement by the Ministry of Economy and Finance.
Very clear and substantial regulations for banks
The government is proceeding with the adoption of a series of reform measures, demonstrating by actions its intention to substantially strengthen the incomes of both low pensioners and socially vulnerable citizens according to Kostis Hatzidakis.
Legislative initiative on mortgage and bank commissions - What's coming for borrowers
The government will proceed with a legislative initiative to address the housing problem and the issue of high commissions imposed by banks in daily transactions, said the Minister of Economy and Finance, Kostis Hatzidakis.
Interventions are coming at many levels in banks
The government is planning interventions at many levels in the banking system, following on from what it has done so far, said Economy and Finance Minister Kostis Hatzidakis, acknowledging that some of the things banks do annoy the majority of citizens.
A robust banking system with competition for the benefit of consumers
The Minister praised the efforts of export companies, noting the broader positive results for employment and the country's image internationally, while underlining the actions on the part of the government to support exports.
Submitted to Parliament from Minister of Finance
The Minister of National Economy and Finance, Konstantinos Hatzidakis, submitted the 2025 State Budget to the Plenary Session.
Fiscal position is expected to show an impressive improvement
Greece's fiscal position is expected to show an impressive improvement in 2025, at a time when eurozone leaders are facing huge fiscal challenges with spill-over effects on their governments.
Tax cuts under consideration
Finance Minister Kostis Hatzidakis referred on Wednesday to the significant progress of the industry in the last four years, presenting the next steps included in the planning of the Ministry of Finance.