Greek FinMin Says Latest Statistical Data Vindicate Government Policies

October 29, 2021

ATHENS — Greek Finance Minister Christos Staikouras on Friday said that a report released by the Hellenic Statistical Authority earlier in the week showing an increase in the available income of Greek households vindicated the government’s policy of implementing permanent cuts in tax rates and social insurance contributions and the unprecedented support measures during the pandemic crisis.

The report said that Greek households’ available income grew by 7.0 pct in the second quarter of 2021, after a 4.5 pct increase in the first quarter, compared with the same periods last year. This development happened despite a 15.3 pct increase in household final consumption, the first annual increase since the fourth quarter of 2019. The Greek FinMin said that private sector deposits grew by around 28 billion euros, of which 50 pct are household deposits, totaling 173.8 billion euros.


SKOPJE, North Macedonia — Police in North Macedonia said Saturday they have detained a group of 44 Pakistani migrants and will return them to neighboring Greece from where they are believed to have entered.

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TNΗ’s Happenings of the Week by Eraklis Diamataris

NEW YORK – The National Herald’s Happenings of the Week as have been reported at the print and digital editions of TNH and presented by the TNH Editor Eraklis Diamataris.

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