Development Minister – Reasonable inflation at 1.4%

Inflation in Greece August to August stands at 1.4%. It’s not big. We are fourth in Europe. It is a reasonable inflation current. This was stressed by the Minister of Development, Adonis Georgiadis, speaking at the OT.gr stand oat the Thessaloniki International Fair.

He noted that there was concern about international price hikes, and reiterated that the prime minister would announce the measures the government intends to take to address the issue of price increases. However, he stressed that “the price increases have not yet taken place, they will take place in the near future. It is not that we will not have price increases. We will have price increases. The commotion that takes place every day is unrealistic. It could be in three months. ”

Adonis Georgiadis said that last week was the best in terms of financial news in recent years. As he characteristically said, “it started with the amazing results of ELSTAT, continued with the excellent news of gas network provider DEPA infrastructure through the Hellenic Republic Asset Development Fund with Italgas, 733 million for DEPA infrastructure is an extremely high price and most importantly a very serious company that will ensure quickly the distribution of natural gas to households in Greece.

»The next day we had the extremely good news with HEDNO (…) The price I had predicted was significantly lower than the one that was finally achieved (…)

“And last night the rise in the investment grade BB + by Scopes”.

The works in Thessaloniki

Under the government of Kyriakos Mitsotakis, all major projects in Thessaloniki have resumed, said Mr. Georgiadis. In particular, he referred to the metro, stating that the schedule will be observed, on the ring road, and the works in the port.

Among other things, he mentioned that the TIF Board of Directors presented today the winner of the architectural competition for the new Thessaloniki International Fair that will transform the city center “.

“We have put Thessaloniki in the center of our interest from day one,” said Adonis Georgiadis.

The Minister of Development also referred to the Greece-US agreement for the support of investments by the USA in high-tech companies. As he characteristically said, “in the same year that has passed, companies such as Microsoft, Amazon, Apple, have already come to Greece with the support of the American government. This will continue in Thessaloniki as well. “