Finance Minister Kyriakos Pierrakakis criticized the announcements made by opposition parties at the Thessaloniki International Fair (TIF), labeling them “uncosted.” Speaking on ANT1, Pierrakakis stated: “It would be a sorry state of affairs if they ever had to implement them, because as has been proven in the past, they would need to resort to overtaxation, with the middle class bearing the brunt of it.”
Specifically, addressing the announcements made by Nikos Androulakis during the TIF, the Finance Minister argued that several of the proposed measures are too broadly defined to be properly costed. He pointed out, however, that seven of the more concrete proposals amount to an annual cost of €6 billion, according to his own calculations.
Kyriakos Pierrakakis on heating oil: “It’s going to be a tough winter”
When asked about heating oil prices, the Finance Minister acknowledged that “it’s going to be a tough winter,” but noted that significant price volatility must be taken into account and that the government would need to wait and see how prices develop before assessing the full cost. In any case, Pierrakakis emphasized, “we have proven it before and it will hold true again this year — we will stand by citizens and, if necessary, we will take the appropriate measures.”
The Finance Minister was also questioned about non-performing loans (NPLs) and debt management companies, stressing that “the Mitsotakis government has introduced the most significant reforms regarding private debt. We are closely monitoring the complaints against NPL management companies and will intervene if necessary.”
