Georgiadis – Government measures offset rising prices

The Minister of Development, Adonis Georgiadis, appeared reassuring that the measures announced by the government for the relief of households will compensate the burden from the wave of price increases in the market.

As he characteristically said, speaking to SKAI TV, "all the measures that the government is taking and those that it will take in the course if necessary, are, with the reductions of the taxes of the insurance contributions and the other measures, to increase the disposable income of the Greek, so that any price increases that come in the four months are absorbed by this increase in income ".

He added, in fact, that "and so we come and say to the Greek housewife and the Greek consumer: do not be afraid, because you see hikes on the shelves, but because you will pay less taxes, eventually you will see more money in your pocket, so do not worry".

He reiterated the assessment that the surge in prices is temporary and that around Christmas it will begin to de-escalate. However, he expressed concern about energy prices and fares as, as he said, in these sectors there are special reasons that raise costs.

Mr. Georgiadis said that this is a global and not a domestic problem of inflation and that the government is trying to increase the disposable income of the citizens through reliefs, in order to absorb any appreciations.

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