Ch. Staikouras: Extension of six months in the payments of the repayable advance and fixed expenses-Over 7% growth in 2021

LAST UPDATE: 16:55

By Tasos Dasopoulos

The postponement for a semester of the repayment of repayable advances amounting to 3 billion euros with a 15% discount for those who repay the lump sum until May 30 was announced, among other things, by the Minister of Finance in his speech in Parliament during the budget debate of 2022.

The finance minister announced four more business facilitation measures. Specifically:

1. The measure of fixed costs is extended for six months. Thus, 31,000 companies that have received the debits will be able to offset the amount corresponding to their tax and insurance obligations until June 30, 2022.

2. The COOPERATION is extended until March 31, 2022.

3. The reduced VAT rates for dialysis products are extended until June 30, 2022.

4. In 2022, selected expenses for digital transformation and green transition are deducted 100% from the gross income of the companies.

The Minister of Finance stressed that based on the available data, the growth will be over 7% for this year, covering, early in 2022, the losses of 2020!

“The government plans wisely and responsibly, it steps on the real world. On the other hand, the official opposition indulges in a funny opposition, without proposals, inviting citizens to new flights in the pink bubbles of populism,” Staikouras said.

The Minister of Finance pointed out the reduction of unemployment, stimulation of the real income of the employees, increase of the deposits which prove the improvement of the well-being of the citizens. “This is neither self-evident, nor was it destined to happen. It is the fruit of hard work,” he said.

Mr. Staikouras presented 7 main goals of the financial staff, which as he said are already being achieved or launched:

1. Achieving high growth rates.

2. Sustainable development

3. Reduction of social inequalities

4. Exit of the country from the regime of enhanced supervision in 2022. It is already underway

5. Reduction of red loans

6. Achieving realistic primary surpluses from 2023.

7. Acquisition of investment grade by 2023.

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Source From: Capital

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