“Everything is open for a reduction of VAT on food, depending on how the situation will develop in the near future. We have a complete picture of the cost “Christos Staikouras underlined to SKAI and Giorgos Avtias.
“As far as possible we have support the world, and we will continue to do so, and for as long as necessary. “But as much as we can,” said the Minister of Finance.
In fact, we are already talking about an additional intervention of 350 million euros, he stressed for ENFIA, reminding that 5 million households will see reductions, and a large part will pay the same ENFIA as last year.
First, explained Mr. Staikouras, the government is focusing on budgetary margins, secondly the goal is for any intervention to go to the citizen and not be lost in the supply chain, and thirdly to help mainly the middle and low income groups.
“There are no money trees” clarified Christos Staikouras. “The government has chosen to boost the citizen’s income on a permanent basis. At the same time, we are making the interventions announced by Mr. Skrekas, at the same time we are reducing taxes on a permanent basis, except for two interventions “.
Cash, he explained, we are satisfied, “but I give it” depends on the fiscal space. We have 10 billion more expenditures than revenues in 2021, we are borrowing, and the cost of borrowing has increased very pan-European, it is a European challenge not only Greek.
Regarding the repayable advance, the Minister of Finance clarified that the government has already made significant interventions. “Most businesses, especially very small ones, will pay less than 50% of the return,” he said.
“The country borrowed to give back and we give away 50% of our borrowing to society. But this has a budgetary cost (…) Based on the fiscal situation of the country is one of the elements that must be evaluated. We need to consider what to do with the return. But if we do something with the return, we will not do any other intervention. “We can not do everything.”
Everything is on the table, stressed Mr. Staikouras, everything is open depending on how the problem goes in the coming weeks and months we are ready to react, but will depend on the fiscal space and the prime minister’s prioritization.
It is noted that the Minister of Energy Costas Skrekas speaking to SKAI stated that “€ 100 million will be provided to 200,000 households to replace old air conditioners, refrigerators and freezers. The program will start in the first half of 2022. The total budget of the new program amounts to 100 million euros. Basic condition for inclusion in the action is the recycling of old devices “.
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