The Deputy Minister of Finance, Theodoros Skylakakis, speaking to ANT1, referring to the deteriorating situation in Ukraine, stressed that any escalation will have far-reaching implications for both geopolitics and the economy, especially the issue of energy prices.
Mr. Skylakakis stressed that in terms of accuracy, the higher the prices, the lower the budgetary margins of Government intervention. As he characteristically said, every 10 euros increase in gas prices is equivalent to 600 million euros lost to GDP.
He stressed, however, that despite the adverse conditions, the good course of the Greek economy will continue in the future.
Asked about the Easter Gift that is expected to be given primarily to vulnerable households, he said that everything will be judged by the course of our budgets, but also by international developments, especially in Ukraine, which directly affects energy prices.
As Mr. Skylakakis said, returning to the issue of accuracy, the Prime Minister himself has said that any interventions will start from vulnerable households, but we must not forget that part of the increases in energy are covered by the state, but the bill will transferred to the taxpayers of the future.
Asked about the Recovery Fund and the allocation of its resources, he said that among the beneficiaries will be farmers, for whom there is a package of 520 million euros.
He added that the Recovery Fund will also finance small and medium enterprises, from a package of about 1.5 billion euros.
Source: Capital
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