Is inflation ‘transitory’?
What does it mean that inflation is “transitory”? In a sense it means that its duration will be short enough so as not to permanently affect economic behaviors and inflation expectations.
Gov’t aiming for Greek economy to stay open for Christmas
Government spokesperson Giannis Oikonomou referred to the government’s “balanced strategy against the pandemic” in an interview with Mega TV on Tuesday.
Too much food being wasted
Greeks throw away at least 300,000 tons of food per year, which could have fed 200,000 people for an entire year – the population of a city similar to Patra – according to a survey by the Research Institute of Retail Consumer Goods (IELKA).
Incoming German finance minister sees model in Greek reform measures
Christian Lindner, Germany’s finance ninister-in-waiting and head of the liberal Free Democrats (FDP), said on Tuesday that “Germany must aspire to become as ambitious as Greece’s domestic policy.”
Greece records highest GDP growth rate year-on-year in eurozone in Q3
Greece recorded the biggest GDP growth rate in the eurozone in the third quarter of 2021 compared to the same period last year (13.4%), Eurostat said on Tuesday.
Greek GDP bouncing back
The impressive economic recovery recorded in the third quarter, demonstrated by the data of the Hellenic Statistical Authority, reflected a gross domestic product increase of 13.7% compared to the same period last year.
Final KINAL leadership race results announced
The final results in Sunday’s first round of Movement for Change (KINAL) leadership election showed European Parliament lawmaker Nikos Androulakis secured 36.88% of the vote (98.431 votes).
New cases jump to 7,009; deaths lower to 99
Authorities announced 7,009 new coronavirus cases on Tuesday, a substantial increase from Monday’s 4,943. The daily briefing by the National Organization for Public Health (EODY) also reported 99 deaths and revealed that there are 697 intubated patients in Greece’s ICUs.
Greece, Israel, Cyprus agree to continue cooperation on energy projects
Greece, Israel and Cyprus have agreed to strengthen cooperation to promote common interests in the Mediterranean and the wider region, the three countries said in a joint communique issued after the eighth trilateral summit held in Jerusalem on Tuesday.
Loverdos lends support to Androulakis in KINAL leadership race
Andreas Loverdos, who was knocked out of the running in Sunday’s Movement for Change (KINAL) leadership election, announced his support of fellow candidate Nikos Androulakis on Tuesday. Androulakis is squaring off against former prime minister George Papandreou for the leadership of the center-left party.