“If there is additional fiscal space, this will be distributed to the society. Borrowing costs from capital markets have risen for all European countries and this means that we have to be very careful in our fiscal policy,” Greek Finance Minister Christos Staikouras said on Wednesday, according to ANA.
In comments made to the public television channel ERT 1, Staikouras said: “We always act based on the fiscal space that exists and on that each measure must be directed to citizens, with particular care for the most vulnerable households”. He added that the state had helped by cutting social insurance contributions or with support measures to boost available incomes, and was continuing now by announcing support measures for February, raising the money distributed so far to 1.75 billion euros.
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