Greek Prime Minister Kiriacos Mitsutakis (left) reacts to looking at a computer monitor during a tour of Thessaloniki International Trade Fair in the northern Greek city of Thessaloniki on Saturday, September 11, 2021. Keynote Mitsutakis will be delivered later Saturday is still obscured, but aides have informed that it will focus on young people and small business owners. (AP photo / Giannis Papanikos)
Thessaloniki, Greece (AP) —Greece’s economy will grow 5.9% during 2021, well above the initial estimate of 3.6%, Prime Minister Kiriacos Mitsutakis said Saturday.
Mitsutakis gave a keynote speech at Thessaloniki International Trade Fair, where government leaders traditionally announced next year’s economic policies.
Despite the pandemic, Mitsutakis employs about 70,000 more than before, with 46,000 additional businesses and bank savings of € 35 billion ($ 41 billion), of which 20 billion ($ 41 billion). $ 23 billion) was due to additional household savings.
Accelerated growth has given the prime minister financial room to announce a series of tax cuts and spending for young people, small businesses and the middle class. SMEs are encouraged to merge with tax cuts and new entrants to the employment market are subsidized. There was also something for 15-17 year olds to be vaccinated in the form of 50GB of free data for smartphones.
“Our announcement has one major goal of increasing household disposable income,” says Mitsutakis.
The Prime Minister paid particular attention to climate change.
“This tragedy of overheating will only be avoided if the Earth reduces (carbon) emissions to zero by 2050,” he said, and his government is using renewable energy from heavily polluted lignite or lignite. He added that it would bring about a quick transition to.
To support the transition and counter the rise in electricity prices, the government will secure € 150 million ($ 177 million) to help consumers absorb the rise in prices. In addition, with the help of EU funding, approximately € 24 billion ($ 28 billion) will be invested in environmentally friendly projects.
Mitsutakis advertised his government’s achievements despite a pandemic emergency, but about 3,500 people show vaccine obligations, especially to health care workers, and coronavirus test results in certain locations. Protested other restrictions, including requirements for unvaccinated people.
Protesters clashed with riot police near the venue, throwing bombs, blasters, and stones at the police, who responded with tear gas and stun grenade to chase the protesters. The clash lasted about an hour, with four arrests.
There is also a protest march by union members, far left. Participants in the latter burned the flags of the United States and the European Union, and their electricity bills, but there was no conflict with the police.
Police have increased the total number of protesters to 21,000.
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Demetris Nellas reported from Athens.
Greek economy will grow 5.9% in 2021, Prime Minister says | WGN Radio 720
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