ATHENS — "We are interested in increasing the disposable income of Greeks, not decreasing it," Development and Investments Minister Adonis Georgiadis said on Friday on the sidelines of the Economist "Thessaloniki Metropolitan Summit" conference.

"The government is monitoring the phenomenon (price increases). As we faced all the other crises that occurred – the pandemic, migration – we will now face the imported inflation," Georgiadis said, adding that the prime minister will announce the measures on Sauturday.

The minister stated that Greece does not have an inflation problem and that the phenomenon is international and due to external factors. He noted that "Greece, according to the eight-month data of ELSTAT, is in the seventh best position among the EU countries", while for the price increases he pointed out that a part of the price increases is difficult not to affect our country and recommended composure.

"But, of course, the rise in fares, energy, prices, all this, will reach Greece," said the minister.