News World Greece PM says won't accept strict EU conditions on COVID aid -...

Greece PM says won’t accept strict EU conditions on COVID aid – FT

 

Greece will not accept strict European Union conditions on the use of the coronavirus emergency aid, Prime Minister Kyriakos Mitsotakis told the Financial Times newspaper in an interview published today.

“Greeks have matured a lot. And we want to do our own reforms”, he was quoted as saying.

He stressed that a six-monthly review of economic performance carried out by the European Commission was sufficient and that there was no need for any “additional strict conditionality”.

The prime minister told the FT that Greece had a very “aggressive reform agenda” that would focus on “the green transition”, “the digital transition” and encouragements to investments in part through a privatisation programme.

On Friday, while speaking in parliament, he announced new measures worth 3.5 billion euros to support businesses affected by a lockdown imposed to contain the spread of the coronavirus outbreak.

Greece emerged from a decade-long debt crisis in 2018 and was hoping for strong growth in 2020. But the nationwide lockdown imposed in March crashed the expectations.

The Greek economy is expected to shrink by about 8% to 10% this year before recovering in 2021.

Top Stories

Mitsero residents object to planned relocation of asphalt plants

Government plans to move the asphalt plants located in the industrial zones of Dali-Tseri to Mitsero area has sparked the anger of the community...

Bus in Nicosia rolls forward after driver jumped out, causes havoc (PHOTOS)

A bus on Diagorou Street in the heart of Nicosia on Thursday morning rolled forward after the driver had just jumped out. No one was...

National Guard left with just 20 military doctors

The National Guard is left with only 20 military doctors amidst concerns that all will quit if they are not allowed to privately practice...

New Cyprus-France defence pact came in effect on August 1

A defence cooperation agreement signed in April 2017 between Cyprus and France came into effect on August 1, an official press release said on...

Doctors say Turkish COVID-19 outbreak worse than reported

Doctors in Turkey's coronavirus hotspots say hospitals are filling up with more cases than are reflected in the official nationwide count, which resurged above 1,000...

Taste

Octopus ‘Kathisto’ (or Octopus braised in Wine)

Ingredients: 1/2 cup Greek extra virgin olive oil 2 medium onions, chopped fine 1 large octopus, about 2kg (cleaned and kept whole) 3/4 cup dry red wine 1/3 cup...

Homemade lemonade

Ingredients: 1 cup lemon juice 1 cup sugar Method: Thoroughly wash the lemons with soap and warm water. Roll each lemon with the palm of your hand, pressing...

‘Striftaria’ mini cheese pies

Ingredients 1 ½ cup milk 2 tbsps. flour 4 tsps. of butter 3 eggs, slightly beaten + 1 extra with 1 tbs. of milk for spreading 1 pack of...

Mini potato canapes baked on salt

Ingredients Serves: 12 1kg small Cypriot potatoes rock salt, as needed 250g salted butter 300ml full fat cremé frâiche 1 pot cod or salmon roe Method Prep:20min › Cook:35min › Ready in:55min Take...