Possible new support package for society towards punctuality – The subsidy model on electricity bills does not change
“I estimate that the way the Greek economy is moving today, the way we expect the Greek society and economy to move, fiscal space will be created in 2023,” said the Christos Staikouras.
With this phrase, the Minister of Finance essentially confirmed that the government has already begun the plans on paper on how the funds estimated to be saved from the special Reserve of 1 billion euros for this year’s energy subsidies could be used.
At the same time, Mr. Staikouras put a brake on the scenarios that want to change the subsidy model of electricity bills, speaking to Mega on the sidelines of the world economic forum in Davos.
Specifically, the minister emphasized that “we will follow the well-established, successful strategy of 2022, according to which we strengthened brave households and businesses, mainly households, covering the most important percentage of the burden they had in 2022, without incurring a large fiscal cost. And for that we achieved, from what it seems, an excellent fiscal result.”
At the same time, Christos Staikouras confirmed the possibility that there will be and a new social support package against accuracy, noting that “if there is a fiscal space and as long as a fiscal space is created, it will, indeed, return to society as a whole, with social criteria.”
The Minister of Finance also announced the opening of the platform to strengthen the monthly mortgage installment for informed vulnerable households.
As he said, “in the next 2 to 3 weeks the platform will be launched in the banking system to strengthen vulnerable informed households with a housing loan or with a small business loan with a mortgage on the first home, so that the Special Secretariat of Private Debt can confirm that these households are vulnerable”.
Subsidizing the installment of the beneficiaries’ housing loans will start from March and will have a time horizon of 12 months. As the minister repeated, the subsidy for the increase in installments by 50% will be “exclusively from the banking system, without burdening the Greek taxpayer”.
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