Within April and more specifically in the next one to two weeks, any decisions will be taken for temporary and targeted measures for rising prices, according to the Deputy Minister of Interior, Stelios Petsas.
According to SKAI channel, the government is listening to market suggestions on issues such as VAT on food and decisions are expected in April, as it is the month in which the medium-term plan for the institutions is drawn up and submitted.
The horizon is April
“We will wait a while, the next 1-2 weeks to clarify this thing. I do not think we are too far from that “,” the plan is the medium term. “The horizon is April, so whatever interventions are to be made, temporary and targeted, will be made during this period”, stressed the Deputy Minister
Mr. Petsas pointed out that the government is adapting to the conditions and moving in such a way that it will not shake the confidence in the Greek economy. He referred to the measures already taken by the government to deal with the accuracy and in particular, the subsidy on electricity bills, the refunds on oil or gasoline, the precision allowance that will be given before Easter, the increase of the minimum wage.
“What we now have to see is whether other parametric interventions are needed, such as those mentioned before your information (VAT on food), which, however, we must incorporate in this plan. “It is crucial to show outwards and inwards that we are joining prudently,” said Mr. Petsas.
Latest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted