In our country, what is exceptionally problematical is the explosive rise in the price of natural gas (135 percent), electricity (45 percent), and heating fuel. They comprise an extremely sensitive whole that can trigger a new inflationary cycle.
SYRIZA’s spokesman reiterated proposals for a minimum wage hike, lowering the special consumption tax, and intervention in the pricing of the Public Power Corporation (PPC) in order to stem inflation.
The fiscal space for the minimum wage increase was created by a 2021 growth rate of over eight percent. The growth projection for 2022 is between 4.5 percent and five percent.
It necessary for the government to devise a package of initiatives to offer relief to the average citizen with a dividend, price cuts wherever possible, and a minimum wage increase, which it is rightly planning.