Among the measures on the table are, among others, an extension of Market Pass, strengthening and widening of heating allowance, maintaining subsidies on electricity bills for the vulnerable, extending the reduced VAT, an allowance for pensioners who did not receive increases and possibly a new punctuality check Christmas
The Greek economy is moving to the rhythm of the TIF as of today, with Prime Minister Kyriakos Mitsotakis and his staff in the process of finalizing the content of the announcements in Thessaloniki, next Saturday, September 9.
According to the relevant information, nothing is “locked” yet and everything is under consideration.
The only thing certain, according to sources from the Maximos Palace and the Ministry of Finance, is that the government will stand by the citizens, who are either being tested by the devastating fires, or are affected by the ongoing accuracy.
They also note that any additional revenues arising due to the positive course of the economy, as at least this has been certified in the first seven months of the year, will return to Greek society.
So, based on the available information, the Prime Minister’s speech regarding the economy, will move along four main axes.
The first has to do with the non-negotiable priority set by the government and it is the acquisition of investment grade. In this context, any decisions taken will move within its framework fiscal stability and the achievement of the objectives in conjunction with the continuation of the reforms. The government does not in any way want to send the wrong message to the markets and investors that will act as a hindrance in the process of obtaining the coveted investment grade.
The second is related to need to support local communities, but also all those who were damaged by the devastating summer fires. Compensations will be attempted to be given immediately and will concern the plant and animal production that was destroyed, as well as for the houses that suffered damage (partial or total). At the same time, actions will be undertaken to restore the disasters in the forests.
The third pillar of the policy will be about potential measures to support vulnerable households, due to continued precision especially in the food sector. The government has already passed a series of measures, the implementation of which starts immediately and whose aim is to mitigate the effects of continuous inflationary pressures.
Among the measures on the table are:
• Market Pass extension until the end of the year.
• Reinforcement and expansion of the heating allowance.
• Maintaining subsidies on electricity bills for the vulnerable.
• Extension of the reduced VAT for another 6 months on the tourist package, transport, catering (coffee, non-alcoholic drinks) and culture.
• Allowance for retirees who did not receive salary increases.
• Depending on the course of the revenues, there may be a new punctuality check at Christmas, for low pensioners, long-term unemployed, etc.
The fourth pillar of the policy that is expected to be developed by the prime minister, will have to do with the economic policy that will be followed in the coming years. Emphasis will be placed on the politics of reforms and calculated reductions in taxationdepending on the general course of the economy.
Source: Skai
I have worked in the news industry for over 10 years. I have been an author at News Bulletin 247 for the past 2 years. I mostly cover politics news. I am a highly experienced and respected journalist. I have won numerous awards for my work.