x

Economy

Tsakalotos Critical of Government’s Handling of Recession Caused by Pandemic

September 7, 2020

ATHENS — Main opposition SYRIZA deputy Euclid Tsakalotos, responsible for economic issues in the party, on Monday criticised the government over its handling of the recession provoked by the pandemic.

"The development minister asserts that a 15.2 pct recession is not so bad because other countries are also in a deep recession. If a 15.2 pct recesssion does not trouble the minister, I really don't know what could," he said in a written statement.

At the same time, Tsakalotos added the following comment: "Let's be absolutely clear. Nobody is denying that the pandemic is an external factor and extremely bad for the economy. The question, however, is that the governmment must finally choose which weapons it will use and when, decide who it will support and what priorities it will set."

RELATED

ATHENS - The Greek economy grew by 2.

Top Stories

Columnists

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

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.

Video

Warnock or Walker? Georgia Runoff to Settle Last Senate Seat

ATLANTA — Georgia voters on Tuesday are set to decide the final Senate contest in the country, choosing between Democratic Sen.

ATHENS – Leaders of Greece's Roma community called for an end to violent protests that came after a police officer was charged with shooting a 16-year-old Roma boy in the head during a chase after he drove away from a gas station without paying for 20 euros ($21.

ATHENS - After Congress said that Turkey should stop violating Greek airspace, the Senate removed a provision in an annual defense bill by New Hampshire Rep.

ATHENS – The Antonis Samaras Foundation’s opening event took place on Wednesday at the Pallas Theater, with the former prime minister himself and current New Democracy Member of Parliament for Messinia as the main speaker.

Back in January, 109 container ships waited off the California coast to unload cargo in Los Angeles and Long Beach, the nation's two largest ports.

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.