Charitsis: Reports Prove Greek Economy Will Not Recover Automatically After Lockdown

November 18, 2020

ATHENS — "The report by the independent statistical authority (ELSTAT) on Wednesday, according to which the turnover of enterprises was reduced by 15.8 pct in the first quarter of 2020, shows the difficult road we have before us," stated main opposition SYRIZA-Progressive Alliance's head for development and investments, Alexis Charitsis. He noted that the report showed "that the economy's recovery will not come automatically after the lockdown, as the governmment is trying to persuade us".

"Time is needed, and chiefly the essential support of the real economy and of society in order for the recession to be contained and growth to return," Charitsis underlined and referred to SYRIZA's proposal for the support of the businesses with direct liquidity, the support of labour with full coverage of the payroll cost and of the incomes of those affected by the crisis in order to "avoid the downward spiral of recession".


ATHENS - Changes of leadership in the armed forces and the fire brigade were decided during a meeting of the Government National Security Council (KYSEA) on Thursday, chaired by Prime Minister Kyriakos Mitsotakis.

Top Stories


ASTORIA – The Pancyprian Choir of NY held its first meeting of 2022 and shared best wishes for the New Year with their annual cutting of the traditional vasilopita at Dionysos Taverna in Astoria on January 24.


BRONX, NY – In a festive atmosphere, the traditional cutting of the vasilopita was held by the Northern Chios Society of Pelineon Agia Markella in the community hall of Zoodohos Peghe Greek Orthodox Church in the Bronx on January 23.


ATHENS – A major snow storm that had been predicted for days still caught residents in Greece offguard and the New Democracy government scrambling for answers as to why motorists were stuck for hours on major roads.


Democrats Eye Supreme Court Pick to Revive 2022 Prospects

Democrats stung by a series of election year failures to deliver legislative wins for their most loyal voters hope they'll be buoyed by the prospect that President Joe Biden will name the first Black woman to serve on the Supreme Court.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.