Staikouras: Greece will not go into recession – News – news
The global crisis will continue to exist in Greece as well, said the finance minister Christos Staikouras, speaking to the radio station “Parapolitika 90.1”. He added, however, that her condition Greek economy will be better than in Europe and that the evidence shows that Greece will not go into recession as will happen in half of Europe.
In Chr. Staikoura the Finance Minister of the year award
He also noted that Greece achieves the largest reduction in debt as a percentage of GDP in recent years. He reiterated that the main objective of the economic policy in 2023 is that Greece does not have a primary surplus that will lead to the investment level. The minister also spoke of a threefold growth rate in 2023 compared to Europe and an increase in investment this year and in 2024.
Open window for new support measures
At the same time, he did not rule out the possibility of creating additional fiscal space, which will be made available to society. And he pointed out that the increase in the minimum wage and the market pass do not have a pre-election character, saying that the increase in the minimum wage, which should be such that, on the one hand, the disposable income of those who will receive the increase and if On the other hand, let entrepreneurship endure.
For the banks
Regarding the systemic banks, the minister stated that they have publicly committed to increasing deposit rates and made it clear that the government will continue to push in the supply side as well.
Finally, on the issue of auctions, he said that the out-of-court mechanism is not where he hoped it would be.
Source: OT.GR