|
|
|
Athens News Agency: News in English, 10-08-10
CONTENTS
[01] ESEE: 'Tax expensiveness' skyrockets inflation
[01] ESEE: 'Tax expensiveness' skyrockets inflation
ANA-MPA/The high taxes invalidate the efforts of Greek commerce to
reduce prices in staple consumer goods, National Confederation of Greek
Merchants (ESEE) president Vassilis Korkidis said Tuesday, commening on
the rising inflation in Greece.
Korkidis said that the imposition of excessive increases in indirect
taxes skyrocketed inflation in June to 5.5 percent, bringing Greece
back 13 years to the August 1997 levels, adding that the "tax
increases" that were passed into the market, as well as those that will
burden the taxpayer by the end of the year, unfortunately negate the
socially responsible and honest effort of all merchants to reduce
prices, and in addition create a condition of "tax expensiveness".
He said the rise in the cost of living, especially during the summer
sales period which was characterised by very large price reductions,
should worry the economic staff of the government and particularly the
EU-IMF troika inspectors, given that their initial forecast of a 1.9
percent increase has already tripled.
|
