Staikouras: Fiscal space in February for additional support measures

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According to the finance minister, finally in 2022 it seems that tax revenues have gone even better than estimates and that the price of natural gas will move to lower levels

“We estimate that additional (fiscal) space will be created in February” for additional interventions to support vulnerable households. This is what Finance Minister Christos Staikouras said to the Action24 television station, while also confirming today’s report entitled “Towards a new support package for vulnerable households”.

According to the finance minister, finally in 2022 it seems that tax revenues have gone even better than the budget estimates, and it seems that the price of natural gas will move – although there are high uncertainties – at lower levels than the budget predicted .

“Given this, we believe that a fiscal space is beginning to be created, but it should be safe. When we know, recommendations will be made to the prime minister, who will set the priorities. He wants prudence and responsibility,” he said.

Mr. Staikouras also described what has been done by the government so far, pointing out that 2.5 billion euros have already been given. “Pensions have increased significantly, the solidarity levy has been abolished, so civil servants have seen their salary increase for the first time,” he said, among other things, and added: “Where are we now? We are implementing the measures we had announced and are trying to find fiscal space for additional interventions.”

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