Press Room
12
Jul
2021
Doorstep Statement by the Minister of Finance of Greece, Mr. Christos Staikouras at the Eurogroup meeting, in Brussels
"Despite the difficulties and the uncertainty, Europe is recovering.
“Next Generation EU” will enhance, significantly, this process.
The adoption of the 12 National Recovery and Resilience Plans...
24
Jun
2021
Statement by the Minister of Finance Mr. Christos Staikouras at the online press conference with the President of the European Investment Bank Dr. Werner Hoyer and the Vice President of the EIB Mr. Christian Kettel Thomsen
I would like to welcome the President of European Investment Bank, Dr. Werner Hoyer, and the Vice President Mr. Christian Kettel Thomsen, in the Ministry of Finance.
I would like to thank them...
9
Apr
2021
The prolongation of “Hercules” is approved by the European Commission
Today, the European Commission gave its approval to the prolongation of “Hercules”, which aims at drastically reducing bad loans.
The Deputy Minister of Finance responsible for the financial...
23
Mar
2021
Interview by George Zavvos, Deputy Minister of Finance responsible for the financial system to Nena Malliara , economics news site "Insider.gr"
WHY THE REFORM OF THE GREEK CAPITAL MARKET IS URGENT AND WHY EUROPE NEEDS TO SPEED UP THE CAPITAL MARKETS UNION
The development of the domestic capital market is for the government a goal...
15
Mar
2021
Remarks by the Deputy Minister of Finance Mr. George Zavvos, on the reforms of the Greek banking system and the extension of the Hellenic Asset Protection Scheme “Hercules”
On Friday, March 12, the Deputy Minister of Finance responsible for the financial system, Mr. George Zavvos, submitted the official request of the Greek Government for the extension of the...
8
Mar
2021
Intervention of the Deputy Minister of Finance responsible for the financial system, Mr. George Zavvos, at Fin Forum 2021
‘During the first year of its operation, the Hercules project, in which all 4 systemic banks have participated, has r educed non-performing loans (NPLs) by EUR 32 billion , i.e. by around 40 % ....
11
Dec
2020
THE EUROPEAN CENTRAL BANK AND EUROPEAN INTEGRATION, Speech by Mr. George Zavvos, Deputy Minister of Finance responsible for the financial system
4th Simulation European Central Bank Event, organised by Get Involved Athens, 11 December 2020
I welcome you all and I applaud the excellent initiative for the organisation of this conference....
12
Jul
2020
"One year of major reforms in the Financial System", Interview of George Zavvos, Deputy Minister of Finance in charge of the Financial System, in the newspaper “Proto Thema” on July 12, 2020
One year has passed since the government took office. As the Deputy Minister of Finance responsible for the financial system, what measures have you taken and plan to take to strengthen the...
23
Dec
2019
Economic Bulletin – Issue 12
The 2020 Budget, which foresees an acceleration of the economic expansion to 2.8% in 2020 supported by growth-friendly policies and implementation of structural reforms, was voted in Parliament on...
19
Sep
2019
Economic Bulletin – Issue 11
The economic recovery retained its positive trajectory in the second quarter (Q2) of 2019 with GDP growing by 0.8% quarter on quarter (qoq) and 1.9% year on year (yoy), mainly led by a rebound in...
25
Jun
2019
State Budget Execution for May of 2019
According to the data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period of January - May of 2019 presented a deficit of 1,760...
27
May
2019
State Budget Execution for April of 2018
According to the data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period of January - April of 2019 presented a deficit of 1,041...
15
May
2019
SDOE: New serious blow to the circuits of trafficking and trafficking in counterfeit products
Η Ε.Γ. Σ.Δ.Ο.Ε., στην προσπάθεια αντιμετώπισης του οργανωμένου οικονομικού εγκλήματος, της απάτης σε βάρος των συμφερόντων του Ελληνικού Δημοσίου και της Ε.Ε. και της προστασίας των...
15
May
2019
State Budget Execution for April of 2019 (preliminary data)
According to the preliminary data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period of January - April of 2019 presented a deficit...
25
Apr
2019
Economic Bulletin - Issue 10
On April 23, ELSTAT confirmed that the 2018 primary surplus outturn reached 4.4% of GDP (in ESA 2010 terms) and 4.3% of GDP under the enhanced surveillance definition1. This is the fourth straight...
15
Apr
2019
State Budget Execution for March of 2019 (preliminary data)
According to the preliminary data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period of January - March of 2019 presented a deficit...
5
Apr
2019
Economic Bulletin - Issue 9
The state budget primary surplus stood above EUR 800 million in the first two months of 2019 exceeding the target by EUR 1 billion. Around one third of this fiscal overachievement is due to...
26
Mar
2019
State Budget Execution for February of 2019
According to the data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period of January - February of 2019 presented a deficit of 1,136...
15
Mar
2019
Economic Bulletin - Issue 8
In its scheduled rating review on March 1, Moody’s upgraded Greece’s rating by two notches to ‘B1’ from ‘B3’ with stable outlook. The upward rating revision was mainly driven by the track record...
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