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Chr. Staikouras: Government seeks new ‘defense lines’ in Europe to support households and businesses

The consequences of the war in Ukraine are particularly painful for the Greek economy, exacerbating an already negative climate on the inflation front, which is negatively affecting households and businesses.

In the face of this grim situation, the government is trying to find effective tools to mitigate, as far as possible, the impact on the economy as a whole.

The Prime Minister announced, through Alpha TV frequency, the issuance of an “accuracy check” to a significant number of citizens, with the details to be determined within the month, when there will be a better fiscal picture.

At the same time, as Finance Minister Christos Staikouras told APE-MPE, “the Greek government is already doing, and will continue to do, the best it can to reduce the negative consequences of accuracy.”

Regarding the performance of the economy, regarding the growth rate announced last Friday at 8.3%, the minister stressed that “the Greek economy, with the publication of data for 2021, showed great resilience and showed strong and sustainable dynamic”. However, he says that “all this” is “blurred” by the new -global- environment of high uncertainty and insecurity, an environment that requires composure, self-confidence, prudence and determination. “The Greek government is already doing, and will continue to do, the best it can to reduce the negative consequences of accuracy.”

Christos Staikouras states that the government:

– It will continue to subsidize electricity and gas bills.

– It further reduces – ENFIA, in order to support the disposable income of the vast majority of citizens, mainly of the lower income strata.

– It will increase, for the 2nd time this year, bravely but realistically, the minimum wage.

In the coming weeks, depending on the implementation of the budget and the potential fiscal space, it will proceed to the extraordinary support of our weak fellow citizens.

Finally, it seeks, at European level, new “lines of defense” for additional support for households and businesses.

In the government’s financial staff, however, they place great emphasis on EU assistance and joint action against successive waves of precision. It is no coincidence, however, that Prime Minister Kyriakos Mitsotakis submitted a specific proposal to the Commission, which was accepted for the establishment of a Fund to deal with the energy crisis.

The Prime Minister, in fact, stressed in his recent interview with Alpha “we have already submitted proposals for a European line of defense against rising energy prices. I do not know yet what form it will take. I believe, however, that we can to have the opportunity from Europe to have additional support, because this crisis simply concerns all European countries and not only Greece “.

Finally, it should be noted that government officials state in all tones that there should be calm on all sides because the conditions are special and unprecedented and note that any decisions should be the result of proper analysis and targeted interventions in order to have the maximum possible result.

Source: AMPE

Source: Capital

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