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GreeceBusinessPossible interventions in the event of an increase in the price of...

Possible interventions in the event of an increase in the price of fuel and electricity as of September, Staikouras says

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In September, “we will see what we will do with the fuel, we will see what will happen with the electricity, which if it rises further we will proceed to additional interventions, and the abolition of the solidarity levy,” Finance Minister Christos Staikouras said in an interview with ANT1 TV on Sunday.

Referring specifically to the support measures amounting to 8.5 billion euros, he said that, despite the good conditions seen in the economy, “the government intervenes with measures.”

Commenting on the proposals for further tax reductions, he said that we all pay less taxes. However, he added, “we do take it into account and we only only look at the prices in super markets. I remind once again that Greece will have a deficit this year. If the deficit grows, the country will have to borrow and the citizens will have to pay for it.” He also reminded that “lower incomes have a reduction in Uniform Real Estate Tax (ENFIA) and income tax.”

Regarding whether the measures will be announced before or after the elections, Staikouras said that “the planning concerns a four-year period. On August 20, the country will  exit the enhanced surveillance status” and added that “we are not a government of granting allowances, but a government of tax reduction.”

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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