Open the possibility to fuel subsidy to be extended beyond June left through SKAI the Minister of Finance, Christos Staikouras speaking on SKAI and the show “Unmatched”. «We always try to create a fiscal space knowing that we will have deficits, in order to strengthen as many households and businesses as possible.“, He characteristically stated and added that it is premature to talk now about extending the subsidy, since the current program expires at the end of June.
We therefore try every time to create fiscal space knowing that we will have deficits in order to strengthen as many households and businesses as possible.
«With today’s data, the fiscal space of the year was exhausted, because we reduced taxes and subsidized bravely and retroactively for a year after the electricity. A measure that reaches 1.1 billion euros“, He stated characteristically.
However, he pointed out that based on budget execution and the course of tourism, the government finds fiscal space to stand close to society as much as possible. «I am optimistic that budget space will be found, but it should be used to extend VAT to restaurants, transport and gyms, to abolish the solidarity levy, but also for the public and pensioners.“, He stressed.
He noted that based on the data of May 6 in Europe, Greece has given twice as many resources as the European average.
Regarding electricity subsidy, Mr. Staikouras said that the platform will open in mid-June, through which citizens will receive 60% of the charge they had for the accounts of the last six months, a measure that costs 280 million euros.
«For May and June we do more generous subsidy covering 80% -90% of energy costs extending both the scale over 300 kilowatt hours and the type of house“, He stressed, emphasizing that from July onwards for a year “We will cover from 70% to 90% of the cost of the burden through intervention in both the wholesale price and the subsidy of households and businesses so that the costs are stabilized at a low level. “There will be a burden, but it will not be what it used to be.”
Regarding the course of the Greek economy, according to the Minister of Finance, o rate of economic growth will be just over 3%. Respectively, the deficit will be at 2% of GDP from -5% last year and -7% the year before last.
In addition, he said the government is getting closer to investment gradestressing that the government lifted capital restrictions in September 2019, prepaid the IMF and pulls the country out of enhanced surveillance.
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