Blog
Petrides: Despite The Pandemic 2021 Budget Increased By €742 Million
December 11, 2020
Minister of Finance Constantinos Petrides said on Thursday that the 2021 state budget is increased by 742 million, or 10.6%, compared to the 2020 budget, despite the economic problems caused by the pandemic.
Addressing the House of Representatives’ plenary, the Minister called upon the Parliament to vote in favor of the state budget 2021, saying that this would be to the best interest of the country and the society, especially in the midst of economic problems that the pandemic has caused. "Without the adoption of the budget, no new support can be given to employees and companies, no social benefits can be given, and the health system can not function" he said, and warned that otherwise, we would enter uncharted waters and a period of intense instability with incalculable economic consequences.