The Minister of Development, Adonis Georgiadis, spoke about the biggest energy crisis in history, speaking on SKAI TV and added that this situation of increases in gas and oil prices, in the shadow of the war in Ukraine, is not faced by a state on its own.
He noted that today the Commission will announce an additional package of measures, while referring to the provision for the profit margin on fuel, noting that although it works, the government does not expect a change in prices, as raw materials increase.
The lignite units working at full capacity
The minister described as populist the allegations that the price of energy has increased in our country because the lignite plants have been closed. He explained that except for one unit in Kardia Amynteon that closed in 2018, all the other lignite units are working at full capacity.
He stressed that the Mitsotakis decision for de-lignification concerns their closure in 2023 and nothing that is to be done then can affect the price in March 2022.
The minister noted that the government keeps its composure and trusts the EU and called on citizens to think about what would have happened if Greece had been outside the eurozone and had to face the energy crisis in conditions of inflationary drachma.
“We will be thankful that we have stayed in the eurozone and the euro… Imagine if we had drachmas today and we had an inflationary drachma and we had to buy natural gas and oil”, said Mr. Georgiadis. He also added: “We are thankful that the late statesman, Konstantinos Karamanlis put us in the European economic community. That we entered the euro during the Simitis government. That Samaras kept us in the euro when everyone said we would exit. I will add that we should also be thankful that Tsipras did his “kolotoumba” [volte face], because I want to be fair, about if we were in the drachma today… “.
Inflation subsidies
Mr. Georgiadis also referred to inflation subsidies, saying that the government can not be indifferent to those who are most in need and will help them from the state coffers. He explained that it will concern people with low income while the terms and amount will be specified by the Ministry of Finance and this is expected in the near future.
Latest News
Foreign-Owned Businesses in Greece Thrive in Trade and Services
Despite government efforts to attract foreign investment, only 0.6% of all businesses across Greece are foreign-owned.
41st Athens Marathon- Traffic Regulations in Athens from Thursday to Sunday
Traffic regulations will be implemented gradually, starting from Thursday, as part of the 41st Athens Marathon.
Greek Households Most Pessimistic in Europe: IOBE Report
Over six in ten (65%) of households said that their financial situation worsened over the past year
JP Morgan Remains ‘Bullish’ on Greek Banks
JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization
Source of Wealth Declarations for Greek Public Officials Made Easier
Source of wealth declarations are designed to improve transparency and prevent corruption among Greece's public officials. Yet 98% of Greeks still believe corruption is widespread in the country, according to Eurobarometer.
Greece’s Labor Market Slack Among Highest in EU
Greece ranks 4th in EU for labor market slack, mostly due to high unemployment levels, and has widest gender gap in the EU.
Livestock Crisis Threatens Greek Feta
Feta in particular, is Greece’s primary dairy export, with 65% of production going abroad.
Moldova’s Sandu Wins Second Term amid Meddling Claims
According to the Central Election Commission, with 98% of votes counted, Maia Sandu led with 54.35% to Alexandr Stoianoglo’s 45.65%
Attica Wins ‘Best Greek Hospitality Region’ at 2024 Awards
The Greek Hospitality Awards, now in their tenth year, are one of the premier tourism industry events at the European level
Greece Takes Command of EU’s Operation ASPIDES in Red Sea
The defense minister also visited the Greek frigate Spetsai, which is participating in Operation ASPIDES, while in the port of Djibouti