Ministry of National Economy and Finance

Wasting time

The Ministry of Finance shows, as a rule, a certain self-restraint. It knows it is walking a tightrope. Such was the case in April, long before the European Parliament elections, when Finance Minister Kostis Hatzidakis rushed (as if he was afraid of something) to prevent future pressures on fiscal stability.

Further breaks are planned

The government will reduce social security contributions by half a percentage point from January 2025 and another half unit before the end of its four-year mandate, National Economy and Finance Minister Kostis Hatzidakis said at the conference of finance directors titled "The Modern CFO: Strategy, Innovation, Leadership," organized by KPMG on Wednesday.

Greek PM reshuffles cabinet after worse than expected EU vote result

Greek Prime Minister Kyriakos Mitsotakis reshuffled his cabinet on Friday to boost the government's battle with a cost-of-living crisis, but kept his foreign and finance ministers in place to show policy continuity.

The changes were announced after Mitsotakis' centre-right party performed worse than expected in Sunday's election to the European Parliament.

Full list of Greece’s new cabinet

Prime Minister Kyriakos Mitsotakis has reshuffled his conservative government, overseeing the departure of four ministers and seven deputy ministers. Below is the full list of his new set of ministers and their deputies.

 

Prime Minister: Kyriakos Mitsotakis

 

Ministry of Economy and Finance

Minister: Kostis Hatzidakis

How state realty will be sold

The Ministry of National Economy and Finance has decided to implement a bold - by Greek standards - plan to exploit the properties of the Hellenic Public Properties Company (ETAD) in order to overcome bureaucratic and other obstacles that have delayed the utilization of its assets for decades.

Bundling state assets for sale

National Economy and Finance Minister Kostis Hatzidakis has put in place a plan for the creation of small holding companies of public interest that will be endowed with appropriately selected properties from the portfolio of the Hellenic Public Properties Company (ETAD) and will then go out to sales tenders.

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