The Finance Department of PASOK-Movement of Change notes in its announcement that “for more than two years and with the blessings of the government, the precision in food has been gnawing away at the income of consumers. According to today’s data from EL. STAT. food items, for another month, in July, continue to gallop with a double-digit growth rate of 12.3% on an annual basis. At the same time, the accuracy in Greece in basic foodstuffs is higher compared to other countries of the European south, which shows the oligopolistic structures that prevail in the economy. Particularly worrying is the fact that the general index appeared elevated, even by a meager 0.7%, after many months of continuous de-escalation.

“The tested households, especially the most vulnerable, and society as a whole, which is experiencing the double bleeding of its incomes from the precision of food, fuel, ever-increasing rents, higher interest rates and simultaneously increased consumption taxes, can no longer tolerate the governmental inaction and the half-measures that exacerbate instead of solving the problems” the announcement points out and adds: “What does the government intend to do from September when a new wave of increases in a series of goods and services is expected? Will it continue in the role of the bailiff, giving only benefits that ultimately feed inflation?”

“PASOK-Movement for Change has timely submitted specific proposals for special measures while the accuracy lasts and to deal with it, such as the reduction of the VAT on food, the reduction of the VAT on fuel, the taxation of excess profits from the opening between the interest rates of deposits and loans (something that other European countries have already done, such as Spain and Italy), while at the same time it has demanded that the Government carry out substantial controls to crack down on profiteering. We will insist on our proposals and scale up our initiatives, to defend the income and standard of living of our fellow citizens, against the government of the few and powerful” concludes the announcement of the Finance Department of the party.