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 - S&P credit rating agency upgraded Greece’s outlook to 'positive' from 'stable' on Friday, April 19, 2024 while maintaining the investment-grade rating of BBB-.

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

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

On Monday, April 22, 2024, history was being written in a Manhattan courtroom.

PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.

WASHINGTON (AP) — A tiny Philip Morris product called Zyn has been making big headlines, sparking debate about whether new nicotine-based alternatives intended for adults may be catching on with underage teens and adolescents.

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.