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GreeceBusinessGREECE - Measures to reduce production costs

GREECE – Measures to reduce production costs

Hellenic News of America
Hellenic News of Americahttps://www.hellenicnews.com
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The government proceeded to interventions aimed at reducing the economic pressure on the agricultural world as a result of the increase in production costs. The coronavirus pandemic and Russia’s invasion of Ukraine, on the one hand, highlighted the importance of the primary sector in the country’s food security, but also highlighted the burdens that the country’s farmers have to bear in order to continue producing.

In a meeting that took place last Tuesday at the Maximos Mansion between the Prime Minister, Kyriakos Mitsotakis and the 15-member committee of the country’s agricultural blocs, two key interventions were announced, in issues that concern the primary sector.

The first concerns “cheaper electricity” for the producers and the second the return of the Special Consumption Tax on the oil used for agricultural work.

Regarding electricity, Mitsotakis kept the price per kilowatt stable at less than 10 minutes for the next two years. The new price concerns consumption from April 1, when farmers usually start working on their fields.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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