Economy

Ahtsioglou’s response to the Ministry of Finance regarding the criticism of Tsipras’ announcements

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“In the program of SYRIZA-P.S. the money leaves the energy companies and goes to the citizen, and not the other way around as the government of Mr. Mitsotakis is doing”, says the relevant head of the SYRIZA sector in her announcement

Answer to the criticism of the Ministry of Finance regarding the announcements of Alexis Tsipras by the TIF, the responsible head of the SYRIZA sector gives in her announcement, Efi Ahtsioglou.

More detail:

“When a government eagerly seeks lies and distortions to frighten citizens against a clear and unequivocal political program that supports the great social majority, then it realizes that its political time is definitively over.

Regarding energy costs, the Ministry of Finance thinks that a government of SYRIZA-P.S. will continue to subsidize profiteering. He judges other people’s things for himself.

Firstly, in the proposal of SYRIZA-P.S. the price of electricity is decoupled from that of natural gas, which other EU countries have been rushing to do for months, while it is now also provided for in the Commission’s proposals.

Secondly, the profit margins of the power producers as well as DEPA remain dizzying. These, in the proposal of SYRIZA-P.S. they are cut and not subsidized by public coffers, however difficult it may be for the government to understand.

Thirdly, in the proposal of SYRIZA-P.S. the totality of business risk and production cost fluctuations is not passed on to the consumer, household and small and medium-sized enterprise, nor is it financed by the state. It is also undertaken by market players as in any business activity that operates with rules.

So the 12 billion that the Ministry of Finance adds to the cost of the proposals of SYRIZA-P.S. they exist only in the policy of supporting profane profit. That is, in the politics of the ND.

As for the other measures announced by the president of SYRIZA-PS, the Ministry of Finance apparently agrees with our costing except for three exceptions:

1. The cost of the indexation of the salaries of civil servants. Here it is obvious that the Ministry of Finance is quoting the gross cost and not the net cost of the measure, given that part of the increases are returned through taxes to the public. If the tax exemption is done, then the cost of the measure we quoted from the beginning is confirmed.

2. The cost of paying retroactive pensions to pensioners. Here the Ministry of Finance does not disagree with the costing, but projects that the expenditure will be recorded in one year. But he willfully forgets that how the expenditure is recorded is a matter of how a measure is legislated and the obligation recognized. Therefore, of course, the expense can also be recorded in three years since each year the recognition and payment of a certain amount of debt is legislated.

3. The cost of reducing VAT on food. Here the Ministry of Finance is artificially inflating the cost apparently based (which it hides) on the increased VAT revenue it has in 2022 – precisely because of the precision and non-intervention policy in the market. In other words, it once again implements precision. How much has the bleeding of citizens from VAT on food increased this year? Will he dare to tell the citizens? The figures for 2019 (non-pandemic period) confirm that the cost of reducing the VAT on food is what we are reporting, i.e. the 960 million.

On the revenue side, let’s inform the government that the taxation of real surplus profits in the entire energy sector has nothing to do with the supposed mechanism that it legislated two months ago and allows a huge profit margin for electricity producers and even more surplus profits at retail compared even with the readjustment clause it was supposed to repeal.

SYRIZA-P.S. proposes the taxation of all the real surplus profits, which are also made public, of energy production companies, but also refining and trading of oil and gas supply. These excess profits add up to 4.1 billion. Taxing them at 90% will contribute 3.69 billion to the public coffers.

So the inexpensive cries for a realistic program that responds to social needs are pretexts in sin.

I wish, of course, that the public debate was conducted at this level. Unfortunately, ND has chosen another path.

Talk about fraud when:

Mr. Mitsotakis at TIF 2021 spoke of increases of up to 2 euros in electricity bills and this year workers need 2 minimum wages for electricity due to the increases.

The government predicted in the Budget 0.8% inflation in 2022 and in August inflation was at 11.4%.

He promised tax relief and has saddled citizens with 2.5 billion more VAT in 7 months, leaving accuracy unchecked.

He did justice to the labor fighters and finally cut their permanent 13th pension – full for low and proportional for higher pensions – and now he is “selling” as an achievement the increases that were already foreseen by the 2017 law.

Regarding the disgust that SYRIZA-P.S. put the country in the memorandums in 2014, we are handing it over to the mockery of the citizens.

Finally, the program announced by the president of SYRIZA-P.S. it is clear and costed.

For the first year of their implementation, it has expenses of 9.35 billion and revenues of 3.74 billion. That is, a fiscal cost of 5.6 billion. With the various things that in the program of SYRIZA-P.S. the money leaves the energy companies and goes to the citizen, and not the other way around as Mr. Mitsotakis’ government is doing.”

ALEXIS TSIPRASEfi AhtsioglouMinistry of FinancenewsSkai.gr

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