x

Politics

Oikonomou: Τhe Gov’t Is Adopting Targeted Measures on Price Increases

February 7, 2022

ATHENS – “Since the beginning of 2020, the government has been facing international external crises, this is a cocktail of crises whose repercussions no government in the world can neutralise,” government spokesperson Yiannis Oikonomou said during a press briefing on Monday.

“The prime minister and our government are implementing targeted measures so that price increases have the smallest impact on households and businesses,” he added.

“In the last four months of 2021, 1.35 billion euros have been allocated to subsidise electricity and gas bills for households, businesses and farmers. In January alone, 400 million euros were spent,” he said, adding that an additional amount will be available in February,”

Oikonomou stressed that the policies aimed at increasing the disposable income of citizens are continuing.

“The government is not watching the problems without intervening,” he said, noting that the disposable income of citizens has risen, unemployment has fallen to 12.7 pct, household and business deposits have increased, the economic climate index was at an all-time high, the economy was recovering and Greece was emerging as a world champion for investments.

Greece, he underlined, is being chosen for investment by global giants, who give a practical vote of confidence in the Greek economy.

RELATED

ATHENS - It’s not back, but the old PASOK party veterans who dominate a new party after a merger with the former Movement for Change have now brought back the Green Sun logo the Socialists had used since being founded in 1974 by the late former premier Andreas Papandreou.

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

Pentagon Says More High-Tech Weapons Going to Ukraine

WASHINGTON — Nearly 50 defense leaders from around the world met Monday and agreed to send more advanced weapons to Ukraine, including a Harpoon launcher and missiles to protect its coast, Defense Secretary Lloyd Austin told reporters.

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.