The resources that will finance the reduction of prices for energy and goods

By Penelope Galliou

The piece of the puzzle that will complete the government’s dilemma, to drop prices that have skyrocketed in energy and products and to alleviate business and households, seeks government staff.

The Easter market reflects in all its glory accuracy which prevails in the Greek market, a fact that keeps the competent Ministers and their staffs alert. Meetings on this issue are on the agenda of Christos Staikouras, Theodoros Skylakakis and Costas Skrekas and together with the Secretary General of Fiscal Policy Thanos Petralias are looking for ways and resources that will drastically reduce energy costs in businesses and households.

Planning, which will be presented to the Prime Minister in order to proceed with targeted interventions against accuracy. Interventions that at national level should be ready in time, in the event that there is no European solution at the end of May, by the Summit of European leaders.

The funding reef and the optimistic messages

It seems to prevail as the predominant scenario the imposition of ceilings on the wholesale price of electricity, on the standards of the proposal made by Costas Skrekas to the Council of Energy Ministers in February. The reef in this scenario is one and it is about securing funding. The government has appeared on this reluctant in the past to use budget resourcesas it is estimated that for a short-term intervention that will not exceed 6-7 months, they need approximately two billion euros.

However, they seem to be a ray of optimism Eurostat data for the 2021 deficit, which are estimated to be significantly better than the budget forecast. In fact, according to the calculations of the General Accounting Office, the improvement will probably reach or even exceed 1.5 points of GDP. «This development is extremely important as it confirms to prudent institutions and markets the prudent management of public finances and allows the unreasonable additional financial support of households and businesses in the face of the unreasonably high energy prices caused by the heinous Russian invasion.Said Deputy Minister of Finance Theodoros Skylakakispresenting the latest data on the implementation of the state budget.

Subsidies will continue

The commitment of the government continue to support consumers and businesses towards energy precision The Prime Minister reaffirmed during his visit to Revithousa. «The Government’s first concern is to ensure the country’s energy efficiency, but at the same time we are striving to achieve the lowest possible energy prices for consumers, households and businesses.Said Kyriakos Mitsotakis, recalling that this is an imported problem, an imported explosion in prices, for which he has personally fought – as he said – by submitting concrete proposals to our European partners, in order to give a “A pan-European response to a problem that is not purely national is European». «In any case, however, the government is committed to continuing to support energy consumers through a subsidy scheme that will continue next month. “ The Prime Minister noted, clarifying that even if the European solution does not emerge “Let all Greeks know that the Greek Government is ready to take significant additional measures in order to absorb the greater percentage of the increase in electricity bills, this is possible and permissible from the budget margins.».

Priority is given to the protection of the weakest

“From Salamis, where the prime minister toured, he also referred to the energy crisis and the difficulties faced by households and businesses.”We are now managing international crises and we must once again stand up to the circumstances, protect the weakest“, Noted the Prime Minister and repeated the commitment to stand by the people. «And now that we are facing this great energy crisis, which I know how much it hurts households and businesses, especially the increases in electricity, I want you to know that we have already done a lot and if necessary we will do even more. It is the duty of the Government to stand by the people, especially when we are facing extreme external crises, such as the one we are facing now.Kyriakos Mitsotakis stressed in a conversation he had with residents of the island.

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