Adonis Georgiadis: There is no reduction of the Excise Tax in a horizontal way

“The reduction of the Excise Tax in a horizontal way is not possible. With the income method that we introduced, ie the subsidy up to 30,000 euros annual income, it is done. It is already applied. With the return of 20-22 cents per liter to them, the who have an income of up to 30,000 euros “, said the Minister of Development and Investment, Adonis Georgiadis in a speech yesterday, Wednesday, April 6, at an event of the Athens Chamber of Commerce for Economy.

“I do not remember anyone reducing the Excise Tax,” he said, adding: “I only remember Mr Tsipras raising it. When you are in opposition you want it reduced, when you are in government you do not reduce it. Why? Why is it a “A very large part of the budget. The state is like a store. It has revenues and expenses. If you constantly increase costs and constantly reduce revenues, what will happen to the store? It will falter.”

Regarding the proposals of the opposition, Mr. Georgiadis stated that if it is “give as much as you can and cut as much as you can, fine, let’s all go together again to go bankrupt, to make memoranda again, to discuss again if we will go to the drachma, to have referendums and dances again Zalongou in the Constitution “.

At the same time, he noted that the government will support society “as long as this crisis lasts and as long as our pocket endures, but we will not go beyond it because we do not risk putting Greece back in the spotlight. Now we have experience of what it means to be “We all know that daoulas and zournades do not exist and if the markets want to dance to you, they dance you very nicely in the pan.”

He also stressed that “we subsidize electricity proportionally more than any other country in Europe and since yesterday we are increasing the subsidy for natural gas. Obviously it hurts us that electricity is increasing but our market and our survival will not be judged only by it.”

He spoke of unprecedented, targeted and effective measures within the pandemic, as stated by the International Monetary Fund in its report on Greece, while warning that “we are in a difficult time worldwide”

“We have high inflation that hurts us all and makes consumers more reluctant. With prudence, program and good governance we will pass this rope, as we did the previous one,” he said.

Source: Capital

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