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Economy

Georgiadis: There Is Inflation but Two Thirds Is Due to Higher Energy Prices

February 18, 2022

ATHENS – Τhere is inflation but two thirds of this is due to to the increase in the cost of energy and not to any dysfunction of the market, Development and Investments Minister Adonis Georgiadis underlined in parliament on Friday, replying to a question by SYRIZA MP Alexis Charitsis entitled “Petrol prices hit a historic high in Greece- Immediate measures must be taken to address the phenomenon by lowering the special consumption tax.”

The minister also noted that his portfolio concerned regulating the market and that he was not responsible for either energy prices or taxes, adding that the figures cited by the opposition indirectly confirmed he was doing a good job in that area.

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