G. Economou for accuracy allowance and VAT on food

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The precision allowance will be given at 10-15, according to what government spokesman Giannis Oikonomou said on SKAI TV, adding that the measure is entitled to vulnerable households, low-income retirees, people with disabilities and beneficiaries of the social solidarity allowance.

Asked if the government intends to reduce VAT on food, something that was left open yesterday by the Prime Minister, Kyriakos Mitsotakis, Mr. Economou stressed that there are always weapons on the table, but the government has concerns about the implementation of this measure.

According to Mr. Economou, the first concern is whether the reduction will reach consumers or will be lost to intermediaries. He also said that the reduction of VAT would be a horizontal measure, while the government favors targeted measures.

In addition, he said that this would reduce government revenues, resulting in a lack of resources from other actions such as further support for producers.

Source: Capital

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