Greek Finance Minister Christos Staikouras announced a new, targeted package of measures for the repercussions of the Covid-19 pandemic in Greece on Thursday evening, ahead of the country’s initial rollback on Monday of lockdown measures, ANA reports.
The measures include details on an earlier government announcement for the protection of the main home of families, by extending a safety net from foreclosure by another three months to the end of July and providing subsidies to responsible borrowers in order to meet their obligations.
Staikouras pointed out that the entire cost of measures implemented already or going into effect shortly amounts to nearly 12.5 billion euros, and their added value to 17.5 billion euros.
The first of the funding tools designed by the Development & Investments Ministry has already been activated to provide liquidity to businesses and mitigate the repercussions of the Covid-19 pandemic, Minister Adonis Georgiadis announced on Thursday.
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