Presidency of Barack Obama

Prime Minister Florin Citu said on Monday that the budget appropriations for the Ministry of Health this year are higher than in the last two years, and that there are many people in the public square who "do not know how to read a budget "or "they just want to make a fuss." "It's not true and that shows that we have a lot of people in the public square who can't read a budget, it's also an exp

State pension outlays in the 2021 state budget is already increasing by almost 8 billion from last year, according to Prime Minister Florin Citu, who also says that adjusting pensions for inflation will be addressed according to the legislation in force. "Pension expenditure in the 2021 budget is already increasing by almost 8 billion lei from last year, from last year's pension increase.

The Trump administration on Jan. 11 re-designated Cuba as a "state sponsor of terrorism," in a move that hits the country with new sanctions shortly before President-elect Joe Biden takes office.

Secretary of State Mike Pompeo announced the step, citing in particular Cuba's continued harboring of U.S. fugitives as well as its support for Venezuelan leader Nicolas Maduro.

Greek lawmakers approved on Wednesday the country's 2020 budget, which projects stronger growth driven by higher investment, improving domestic demand and tax cuts as the country recovers from a decade-long debt crisis.
A majority of 158 lawmakers in the 300-seat parliament approved the budget that includes total tax cuts of 1.2 billion euros for corporations and individuals.

The government will next month introduce a new set of tax brackets for 2020 incomes, but will take a few steps back from its election announcements to avoid undermining fiscal stability.

When Barack Obama was still president of the United States, I happened to ask one of his close aides the classic question: "What keeps the president awake at night?" He said, "Climate change and the huge economic, social and geopolitical consequences that it will entail."

The midterm fiscal plan the Finance Ministry is preparing for the 2020-23 period provides for low growth rates for Greece, leading to the conclusion that the country won't see its gross domestic product return to pre-crisis levels before another decade has passed.

In the pages of this newspaper, analyst after analyst - myself included - has celebrated a high point in the Greece-US relationship. Most peg the beginning of this high point to 2015 and the Obama administration's efforts to avoid a messy Grexit.

The average household income in Greece plummeted by 42 percent, or 513 euros, between 2009 and 2014, according to the latest survey by the Dianeosis nonprofit think tank, which also maps out the impact of the country's financial crisis based on income and age group, gender, and professional orientation.

The draft budget for 2019, which is to be submitted to Parliament on Monday, will reflect the current fiscal "environment" as well as the government's intention to substitute planned cuts to pensions with other measures, government spokesman Dimitris Tzanakopoulos told reporters.