More than half of citizens’ income goes to rent, bills and taxes – 2024-04-15 03:49:41

Giorgos Doukidis, professor of Management, Science & Technology, Athens University of Economics and Business, presented important data resulting from recent studies at the Delphi Economic Forum.

The accuracy, mainly food was at the center of the debate, where four out of ten believe they will cut back on purchases in the next six months while 2/3 of income is spent on bills, rent and taxes.

Three out of four they buy products with cost as the main criterion, eight out of ten chase offers in supermarkets, five out of ten change product brands from the usual ones, three out of four make use of the household basket, but eight out of ten prefer a reduction in VAT over the household basket .

Sotiris Anagnostopoulos, General Secretary of Trade and Consumer Protection, referred to the measures taken by the government to deal with punctuality, noting that for some of the emergency measures it seems that time is slowly running out.

“At some point the emergency will be behind us” he emphasized and added that in the coming months the measures will gradually become corrective as the inflationary crisis is an opportunity to take structural measures.

At the same time, he defended the interventions adopted by the government, explaining that after two years of implementing several measures, it appears that there is a specific result.

To take measures in crisis conditions

For his part, Aristotelis Panteliadis, president of the Union of Supermarkets of Greece and CEO of METRO ABEE, recognized the need to take measures in crisis conditions, but emphasized that emergency measures cannot be made permanently.

And this is because then they create distortions and may bring the opposite results.

He also added that some of them prevent businesses from exercising a pricing policy freely, while he also noted the risk that emerges in the retail-supplier relationship from any extension of the measure for offers to other categories.

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#citizens #income #rent #bills #taxes

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