Ad. Georgiadis to be precise: Targeted measures for those in real need

Targeted measures “for those in need” were announced by the Minister of Development and Investment, Adonis Georgiadis, speaking to SKAI.

Commenting on inflation, which jumped to 6.2% in January, reaching its highest level since 1997, he explained that the US also has the highest inflation since 1970, Belgium since 1951, the Eurozone since its inception and Germany since World War II.

He noted that the difference is so large, as in the first seven months of 2021 we had deflation.

“If we look at it from month to month, from December to January, we had a decrease of 0.3% because we have taken measures, we control the market, we impose fines. There is no generalized picture of notoriety”, Mr. Georgiadis noted and added that “we count “We see where the problem is and we target those who really have a problem making a living. We are not going to leave people who really need it without help.”

He accused SYRIZA of hypocritically asking for horizontal measures of high fiscal cost, which, however, benefit more those with higher incomes and less those in need.

“The government is trying to balance these crises. We will give to those who need to get as much as we can and on the other hand we will do it in such a way that we do not cause anxiety in the markets and they will raise interest rates to God and “We will embark on the same adventure again,” he said.

Mr. Georgiadis explained that when the price of energy goes up, you can not freeze the price of electricity without the providers going bankrupt.

Asked about the possibility of war in Ukraine, he stressed that the government is preparing for the unfortunate scenario. “If there is a war, the economic consequences will be so great that there will be a pan-European response. No country alone can face the consequences,” he said.

Finally, he said that the ongoing policy of tax cuts and insurance contributions aims to increase disposable income. “If you pay less taxes, you have more money left in your pocket,” he concluded.

Source: Capital

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