Mar 21 • 11:48 UTC 🇬🇷 Greece Naftemporiki

P. Marinakis: A reduction of the special consumption tax is not ruled out, but it is not a decision made at this time

Greek government spokesperson Pavlos Marinakis has stated that while the government is considering measures to mitigate economic disruptions caused by the conflict in the Middle East, a decision on reducing the special consumption tax (ΕΦΚ) has not yet been made.

In an interview, Greek government spokesperson Pavlos Marinakis discussed the government's ongoing assessment of the economic situation, particularly in response to the economic turbulence stemming from the conflict in the Middle East. He emphasized the importance of addressing citizens' concerns regarding the rising cost of living, which has been aggravated by heightened inflation in recent years. Marinakis reassured the public that the government will not take any actions that could jeopardize the country’s fiscal stability.

When asked specifically about the possibility of reducing the special consumption tax (ΕΦΚ), Marinakis explained that the government remains vigilant and is in constant communication with the Prime Minister to evaluate the evolving economic landscape. Although the potential for a tax reduction is on the table as a consideration, he clarified that such measures are contingent upon careful evaluation of the country's financial health and public needs. The government aims to balance economic intervention with responsible fiscal management.

Marinakis concluded by reiterating the government's commitment to ensuring that any economic measures taken do not compromise the country's fiscal integrity, highlighting the government's cautious approach in navigating these challenging economic times. The ongoing discussions reflect a broader concern over how geopolitical conflicts can impact local economies and the lives of ordinary citizens.

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