Georgiadis: Imported Inflation Crisis Will Be Handled with Effective Measures,

September 17, 2021

ATHENS — "The government, with effective measures, will face the imported inflation crisis," Development and Investments Minister Adonis Georgiadis said on Friday in parliament.

Georgiadis estimated that "by Christmas, the reverse course of this whole phenomenon will begin as global demand will be met, the Christmas period will be over and the economy will be slowly recovering."

"As long as," the minister stressed, "the forecasts of international companies for high growth in 2021 are confirmed, if necessary, there will be the fiscal space for additional support measures."

"The economic measures we have taken so far have an extremely positive imprint and we say to the Greek citizens that, as we dealt with the previous crises, we will now face, with logic, prudence, wisdom but also with effective measures the imported inflation crisis," Georgiadis said.

The minister cited data showing that the average inflation in Greece in August was 1.9 pct adding that "this is the fourth lowest inflation in the entire European Union" and according to September data, it is most likely that Greece will be in the second best position in the EU."


ATHENS - Details will soon be announced regarding the construction of the new 140-kilometre border fence in Evros, Citizen Protection Minister Takis Theodorikakos said on Monday in an interview with ANT1 TV.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


From Yale to Jail: Oath Keepers Founder Stewart Rhodes’ Path

PHOENIX — Long before he assembled one of the largest far-right anti-government militia groups in U.

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.