The Greek government is considering reducing the Value Added Tax (VAT) on a number of goods to mitigate the effects of the shock price hike, Kathimerini writes, citing Development and Investment Minister Adonis Georgeadis.
"We are working to see where we will have the biggest increases in the next period, to see if it is possible to intervene in certain elements through taxation so that we can alleviate this inevitable wave of inflation," Georgiadis told interview with Mega TV late Monday.
"We all realize that the next two to three months will be difficult in terms of costs," he said.
On Monday, the ministry held a teleconference with supermarket representatives to discuss rising prices for widely used products, while holding a teleconference with major food industries before January 13th, when the Greek Statistical Office (ELSTAT) is due to publish inflation data. for December.
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