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...
1 Jul 2021

Investor Meetings - Press Release

Investor Meetings
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...