Minister: €8 billion liquidity 'bomb' delivered to Greek economy

A new liquidity “bomb” of eight billion euros will be injected into the Greek economy with the prospect of changing the climate in the market, Deputy Minister of Digital Policy and Media Lefteris Kretsos told Athens-Macedonian News Agency radio “Praktoreio 104.9FM” on Monday.

Kretsos clarified that 4.8 of the 8.0 billion euros will come from Economy and Development Ministry financing instruments that, with the appropriate handling, can be leveraged to reach the final amount. This will change the climate in the market and greatly boost liquidity, which is not at a very high level after eight years of recession.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Europa credito urgente

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