Christos Staikouras
Greece
Social Dividend Distribution in Greece
An additional 165 million euros will be allocated as "social dividend" to 250,000 households in Greece next week. Since April 17, when the first applications were submitted and until the June 30 deadline, 576,000 applications have been approved while...
Economy
Greek Queue Forms For Pay Restorations
Prime Minister Antonis Samaras, relenting to demands from five of his lawmakers who said they would not otherwise support an amendment to restore judges' pay and pension to pre-austerity levels, will now forward another measure to do the same...
Economy
Millions of Euros from Criminal Activities Returned to the State
The proceeds of criminal activities against the Greek State, which roughly reach 33.8 million euros, have been deposited in a special Bank of Greece (BoG) account, based on figures presented on Tuesday to the parliamentary standing committee on economic affairs, by Greek...
Economy
Government Expands Social Dividend Criteria
The Deputy Minister of Finances Christos Staikouras the Deputy Minister of Labor Vasilis Kegeroglou, the General Secretary of Public Revenue Harris Theoharis as well as PASOK MPs Philippos Sahinidis, Giorgos Koutroumanis and Christos Protopappas held a meeting to discuss the expansion of eligibility criteria for the social dividend benefit.
The...
Crime
Ankle Bracelet Introduced in Effort to Decongest Prisons in Greece
Greece’s Deputy Finance Minister Christos Staikouras approved on Wednesday, the release of €1 million from the state budget for a one-year pilot program by the Greek Justice Ministry, so as to fit inmates of the country’s prisons with electronic...
Economy
Greece Reports EUR1bn Primary Surplus for Jan-April
Greece on Tuesday reported a primary budget surplus (ie before interest payments) of 1.048 billion euros for the first four months of 2014, surpassing a budget target for a surplus of 742 million euros.
Presenting a report on budget execution, Deputy Finance...
Economy
Greek Ministry Protects Social Dividend from Banks
The total amount of money paid to 200,000 beneficiaries as a social dividend sums up to 133.2 million euros. Up to 205,912 households had already applied until the end of the first deadline, initially set May 3. Successful applicants...
Economy
Greece Sees Bigger Surplus, Long-Lasting Unemployment
There's good news and bad news for the Greek economy: a primary surplus will be bigger than expected but the country's record jobless rate won't go down markedly for at least four years.
That was the assessment from the finance...
Economy
Eurostat Certifies Greek Primary Surplus Reached
The European Union's statistics agency Eurostat on April 23 said that Greece had a 3.4 billion euro primary surplus for 2013, a benchmark that would allow Prime Minister Antonis Samaras to seek debt relief from international lenders.
The news came...
Economy
Greece's 2013 Budget Surplus 3.38bn Euros
Greece's primary budget surplus for 2013 was 3.38 billion euros ($4.46 billion) the Hellenic Statistical Authority (ELSTAT) reported, a result opening the door for the country to seek debt relief from its international lenders.
Greece has been relying on two...