x

Economy

Staikouras: Greek Finance Ministry Ready to Deal with Possible Full Lockdown

February 9, 2021

ATHENS — The monthly fiscal cost from a possible full lockdown in Attica will exceed 3.0 billion euros, Finance Minister Christos Staikouras said on Tuesday, adding that the ministry was ready to deal with any cost. In comments made to ANT1 TV, Staikouras said that the cost of the existing measures was 2.5 billion euros and stressed that the government was making a prudent management of resources to conserve its strength.

This was the reason, he explained, why the government was able to cover part of the losses suffered by those hit by the pandemic crisis but not their full extent. He defended the ministry's choices for the support of the economy and said that the actions taken were in many cases more generous than those taken by other European countries. He pointed out, however, that the country was still operating under an enhanced surveillance regime.

RELATED

ATHENS - While Prime Minister Kyriakos Mitsotakis has brought an accelerating economy to Greece, his government is struggling to hold down soaring food prices that have led many households to switch to cheaper products or cut spending.

Top Stories

Columnists

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

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.

Video

Wellness, Longevity, Gastronomy at Navarino Challenge 2024

ATHENS – The sports tourism and wellness event Navarino Challenge returns for its 12th year, October 18-20 at Costa Navarino and Pylos.

NEW YORK (AP) — New York’s top court declined Tuesday to hear Donald Trump’s gag order appeal, leaving the restrictions in place following his felony conviction last month.

NEW YORK (AP) — Singer Justin Timberlake was arrested early Tuesday and is accused of driving while intoxicated on New York’s Long Island, authorities said.

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.