
In Greece, in addition to the population, the assets of the inhabitants of the country are also “aging”. While the European Parliament voted last week to introduce a carbon tax on both residences as well as transport statistics show a serious deterioration in the situation with the age of real estate and vehicles.
The 2021 Housing Census, which ELSTAT is expected to publish, will show that less than 7% real estate will have a building permit with a date up to 2005 (i.e. 18 years old), while the latest age information vehicles – which relate to 2021 – to raise the average age even to 17 years, which is the worst indicator in Europe.
These data make it even more difficult for the country to adapt to the new reality that European Union. In order to limit emissions of gaseous pollutants, the structure that voted for Last week, the European Parliament predicted a carbon tax on transport and housing from 2027.
Adaptation requires funds in the tens of thousands of euros per household either to repair property or to replace a car or to replace the heating system, which is highly doubtful how this will be achieved in such a short period of time and with so many stakeholders.
Text adopted by the European Parliament stipulates that there should be almost universal application, since almost all industries, shipping, aviation and of course individuals are currently targeting the two ways mentioned above.: transport (i.e. cars) and real estate, i.e. heating systems.
According to the meaning of the text, you need to create a new “piggy bank” facilitate the transition to greenery for the poorest households (in fact, a subsidy mechanism is announced with resources that could exceed 70 billion euros at the pan-European level), but what piggy bank will have to be filled with additional money that will be paid by polluters.
Cars
Also Greece due to low average income, limited access of households to bank loans, etc., it will also face great difficulty in financing the necessary investments even if in the coming years there will be a “bold” subsidy structure with national and Community resources.
An additional problem for the country is the limited access of households to the most environmentally friendly types of heating. Natural gas is not available throughout Greece, in rural areas flaring is the only solution, and the fact that most households live in apartment buildings creates many decision-making problems.
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.