x

Economy

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.

RELATED

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.

Top Stories

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.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

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.

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.