The new budget will include an inflation forecast for this year, which will approach 10%, and next year it will remain high, but not at this level. This was stated by Finance Minister Christos Staikouras, speaking on the OPEN TV channel and commenting on Eurostat’s assessment of harmonized inflation in Greece in October.

According to the minister, the slowdown in inflation “is not a cause for celebration”, and reiterated that measures are needed at the European level.

Mr. Staikouras once again mentioned that during this particular period the measures announced at TIF are being implemented and ruled out the existence of the Fuel Pass – 3.

However, he said that perhaps new measures would be taken next year depending on developments. He reiterated that, unless unforeseen circumstances arise, the CPA for heat payment will be issued within a week, and the platform will open in November. And he recalled that preferential VAT on restaurants, transport, cinemas, dance schools, etc. valid for another six months.

As the minister noted, “the growth of private debt in these crises is a concern”, and he stressed that “it is very important for the country to achieve its fiscal goals”, citing as an example how to avoid Britain, which was targeted at the markets.

Source: RES-IPE