No serious consequences on public finances from support to pandemic affected companies says Fiscal Council

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The financial support given to companies affected by the ongoing pandemic announced by the Ministry of Finance this week seems to be financially bearable without serious consequences on public finances, the Fiscal Council has said. In a press release, on Friday, Chairman of the Fiscal Council, Michalis Persianis says that pending the announcements for the final cost, the Fiscal Council has estimated the cost to be close to 3 million euros. He notes that although the secondary effects have not yet …

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