x

Economy

Staikouras: Green Transition Still a Focus of Recovery Plan, Despite Crises

ATHENS – Despite the challenges of the health and energy crises, “the alignment of economic growth with our ambitious goals for the climate remains the focus of Greece’s strategic priorities,” Greek Finance Minister Christos Staikouras said during his online participation in the Coalition of Finance Ministers for Climate Action meeting on Tuesday.

At the 2022 Annual Meetings of the World Bank Group and the International Monetary Fund, Staikouras underlined that the National Recovery and Resilience Plan “Greece 2.0” has alloted over 37% of the budget to key green investments and reforms; including the climate as a factor in the state budget is ongoing; a cohesive national Strategy for Viable Funding and Green Economic Transition was being drafted; and an updated framework of environmental taxation was being planned, in order to support climate neutrality in tandem with support for social and economic cohesion.

Greece is also considering issuing a green or viable bond that could be included in this year’s state funding strategy, he said. “The unprecedented challenges require inspired and visionary solutions. Our purpose is to successfully manage concurrent crises and their repercussions, guaranteeing at the same time that our children will inherit a planet with a resilient climate,” Staikouras said.

RELATED

ATHENS - Main opposition SYRIZA-Progressive Alliance, in an announcement on Friday, expressed "deep concern and its unequivocal condemnation of the new escalation of tension in the Middle East with Israel's show of force against Iran.

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

Indians Vote in the First Phase of the World’s Largest Election as Modi Seeks a Third Term

NEW DELHI (AP) — Millions of Indians began voting Friday in a six-week election that's a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country's leader.

ATHENS - Main opposition SYRIZA-Progressive Alliance, in an announcement on Friday, expressed "deep concern and its unequivocal condemnation of the new escalation of tension in the Middle East with Israel's show of force against Iran.

VENICE, Italy (AP) — A pair of nude feet — dirty, wounded and vulnerable — are painted on the façade of the Venice women’s prison chapel.

NEW DELHI (AP) — Millions of Indians began voting Friday in a six-week election that's a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country's leader.

COPENHAGEN, Denmark (AP) — Firefighters in Copenhagen plan to start taking down scaffolding that is left dangling dangerously Friday outside the ruins of the Danish capital's historic Old Stock Exchange building after a fire tore through it and collapsed much of its structure.

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.