Tornos News | Greek Finance Ministry plans additional support against wave of price hikes


The Greek government is planning an additional package of measures to help households and businesses cope with rising prices, Finance Minister Christos Staikouras said on Tuesday, ANA reports.

FinMin has acknowledged that the wave of price increases is more acute and will last longer than expected. Especially the rate of inflation in the country “I confirm that it will be higher in December, probably above 5%”. However, he recalled that this phenomenon will be transitory and that the price increases of goods and services will begin to be defused by the second quarter of 2022. Staikouras has left the door open to the abolition of a solidarity contribution paid by workers the public sector in 2023. Commenting on a recent increase in borrowing costs, Greece’s finance minister said that “calm, prudence and perspicacity were needed. last”.

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Photo source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthymiadis


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