Thank you, Markos and let me start by saying thanks to The Economist for having me back. This is my fifth government roundtable, but most importantly it’s my third time having the honor of appearing with Minister Panagiotopoulos.
In preparation for today, I did something I don’t often do, which is I went back and I looked at what did I say two years ago? That was just a couple of days after the Mitsotakis government came to office. My headline there was that we, the United States, are committed to taking the already strong U.S.-Greece relationship to the next level.
By George Gilson
With the government struggling to manage the disastrous economic impact of the COVID-19 pandemic, Finance Minister Christos Staikouras presented “five axes” of the government’s reform programme during an online Economist Conference entitled «200 Years of Economic Survival», a reference to this year’s bicentennial of the start of Greece’s War of Independence.
In a schematic presentation that offered few details, Staikouras outline the government’s aim of building a new productive model, implementing a balanced fiscal policy, further upgrading the quality of institutions, and shaping an environment of national unity and self-confidence.
The paramount but most intractable problem that the government faces is how to fashion a new production model that can help the floundering Greek economy recover even as the government struggles with propping it up with huge subsidies – an estimated 20bn euros in 2020 – to address the huge economic repercussions of
Staikouras outlines challenges, aims of economic reconstruction plan in.gr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from in.gr Daily Mail and Mail on Sunday newspapers.