x

Economy

Staikouras Leaves Open Possibility of Further Favourable Interventions

September 15, 2021

ATHENS — Finance Minister Christos Staikouras in an interview with 'Macedonia' newspaper left open the possibility of additional favourable interventions for the citizens if the growth rate exceeds 5.9 percent this year, while underlining the government's readiness for new interventions to deal with the imported inflation if it continues in 2022.

More specifically, when asked if citizens should expect further tax relief in case the growth rate for 2021 exceeds the revised 5.9 percent (compared to the initial forecast of 3.6 percent), Staikouras replied: "It is obvious that the higher the economic growth rate is, the better fiscal margins are created so that we can make additional interventions (…) I hope that the economic growth rate is even higher (from 5.9 percent), so that we have the fiscal margin to help Greek society even more."

The minister also stressed that the government's will and intention for 2022 is to reduce the Uniform Real Estate Ownership Tax (ENFIA) for a majority of the population.

RELATED

ATHENS - With the economy accelerating, Greece plans to make an early repayment of 8 billion euros ($8.

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

After Rare Flash Flood Emergency, Florida Prepares for More Heavy Rainfall in Coming Days

FORT LAUDERDALE, Fla. (AP) — A tropical disturbance has brought a rare flash flood emergency to much of southern Florida as residents prepared to weather more heavy rainfall on Thursday and Friday.

NICOSIA - Following Greece’s agreement with Egypt to take in as many as 10,000 seasonal workers for agricultural jobs, Cyprus will be getting 1000 after a deal was worked out at the International Labor Conference (ILC) held in Geneva.

WASHINGTON (AP) — Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates.

BUENOS AIRES, Argentina (AP) — Lionel Messi won the World Cup in 2022, won the Copa America in 2021, and wants to show he has the hunger to win some more.

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.