Minister: Greek Economy Can Endure a Possible Second Lockdown

September 22, 2020

ATHENS — The Greek economy can endure a possible second lockdown, Finance Minister Christos Staikouras said on Tuesday. In comments made to SKAI TV, Staikouras added that the government has not so far revised its estimate for an 8.0 pct economic recession this year, but warned that there was serious uncertainty on this score, since the data changed on a weekly basis. "You could see me changing these estimates next week," he stressed. He reaffirmed that the expected economic growth forecasted for next year will not fully cover this year's losses.

Staikouras also said that the ministry will legislate to allow taxpayers to pay the first two tranches of a special property tax (September and October) by the end of October if they wished to, without any surcharges.



ATHENS - Fitch Ratings on Tuesday upgraded Greece's four systemic banks ratings, following a recent round of upgrades of Greece's credit rating.

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.


Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

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