Kostis Hatzidakis

Minister Costis Hatzidakis promised measures to deal with 3 main grievances vis-à-vis the country’s banks, namely, the spread between the paltry interest rates for deposits, as compared with rates tacked on to borrowing

On the sidelines of the meetings, the Greek minister is also expected to engage in discussions with other European officials.

The most prominent spending increase affects pension rates, which will be raised by 2.2% to 2.5%, on average

The agenda of the Eurogroup meetings will include discussions on the competitiveness of the Eurozone, the Capital Markets Union, and the digital euro, as well as the preparations for the Eurozone summit.

Minister Hatzidakis will be representing the Prime Minister, Kyriakos Mitsotakis at the meeting.

"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said

The bill sponsored by New Democracy passed with 158 votes and amid strong opposition from other political parties and environmental protection groups

Those who obstruct public access to the sea, the shore, and the beach will face fines of up to €60,000.

Draft legislation aims to establish a clear legal framework that strikes a balance between effectively protecting coastlines, as an environmental element, while not hindering economic development

"The combination of political stability with the implementation of the right mix of economic policies is what sustains our optimism for the future. Of course, our economy is not enclosed in protective glass."

The specific Greek Loan Facility (GLF) loans were set to mature in 2024 and 2025. The GLF was the first bailout extended by Eurozone members and the IMF in May 2010.