Government to submit supplementary budget as part of second Covid-19 package, FinMin says

government-to-submit-supplementary-budget-as-part-of-second-covid-19-package,-finmin-says
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The government will submit to the parliament a supplementary budget amounting to €220 million as part of its second fiscal package to mitigate the impact of the coronavirus outbreak, Minister of Finance Constantinos Petrides told the parliamentary committee of finance and budgetary affairs. The supplementary budget will include additional state expenditure amounting to €120 million for the Ministry of Labour schemes to support businesses and employment and €100 million for the direct grants to companies and self-employed persons. Petrides said the remaining …

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