ATHENS – “Fuel measures are not horizontal …they target low and middle incomes. They cover 3.1 million vehicle owners out of 3.5 million in total,” Finance Minister Christos Staikouras said on Monday speaking to public broadcaster ERT1 regarding the requests for either a reduction of the consumption tax on fuel or for a transfer of VAT to a lower rate.
According to the minister, a reduction of the consumption tax by 0.20 euros costs 1.5 billion euros. “So, we will not take any other support measure or burden the citizens,” he added. He also stated that the tax revenues from the fuels have increased. “The state receives them, increases the amount from the taxation of the super profits of the energy companies and returns them to the citizens,” the minister explained.
Regarding inflation, the minister said that the difficulties with soaring prices will continue throughout 2022, persist with lesser intensity in 2023 and end at the conclusion of the next year.
He also said that “the government is not a government of handouts, it is a government of reducing taxes and contributions and helping citizens when they need it.”
ATHENS - Police in Greece have arrested a rap artist accused of using explosives to rob cash machines and finance his music videos, authorities said Monday.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
NEW YORK – With a Zeibekiko, the dance of Zorba, and island dances, Commander John Pappas bid farewell to the NYPD Transit Bureau K-9 Unit, retiring after 29 years of service.
NEW YORK – Empire BlueCross BlueShield and Crain's New York Business presented Loukoumi Foundation Founder and President Nick Katsoris with the Whole Health Heroes Award on November 28.
Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they're also lobbying hard to make sure the new rules work in their favor.
A storm dropped a mix of rain and snow on parts of New England with some locations recording more than a half-foot (15 centimeters) of snowfall on Monday, knocking out power for tens of thousands of people and causing slick roads that contributed to a fiery propane truck crash in Vermont.
WASHINGTON (AP) — The Air Force is expanding its study of whether service members who worked with nuclear missiles have had unusually high rates of cancer after a preliminary review determined that a deeper examination is needed.
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