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Mitsotakis Kyriakos, Kivernisi, Kyvernisi
Φωτό: Aris Oikonomou / SOOC

The six key points that will determine the TIF package

Government sources said that the prime minister and his economic staff want to have an, as much as possible, clear picture of the potential of the Greek economy as well as of the international developments in terms of energy cost and inflation. 

A few days before the unveiling of the so-called "TIF package" that will be announced on Saturday 10 September by Prime Minister Kyriakos Mitsotakis, government officials state that no measures has been 'sealed' yet and many things will depend on next week's developments. The prime minister and his economic staff want to have an, as much as possible, clear picture of the potential of the Greek economy as well as of the international developments in terms of energy cost and inflation. 

Government sources said that Mitsotakis wants to have the best possible depiction of the whole picture and for this reason the "TIF package" may be finalised only a few hours before his speech at Thessaloniki International Fair (TIF).

The six key points that will determine the TIF package are:

  • The Hellenic Statistical Authority (ELSTAT) will announce on Wednesday 7 September the Greek economy's growth for Q2 2022.
  • Two days later, on Friday 9 September, ELSTAT is expected to announce the inflation rate
  • The Finance Ministry will have a clear picture of the public revenues in August
  • The performance in tourism
  • ECB's board will convene on Thursday on the inflation 
  • The road map of the interventions against the high energy cost will become clear this week with the European Commission appearing to be determined to put a halt to the absurdity of the uncontrollable rates.

All the above will form an environment in which the prime minister will move, as he has stated, with guideline that the "resources are not inexhaustible".

Government spokesperson Yiannis Economou on Sunday in an interview with SKAI TV referred to the upcoming difficult winter saying that the government is fully aware that this winter the people's strength will be tested. "The crises imported from Europe are threatening our every day life and the standard of living of all the society and even more that of the most vulnerable groups. So we should seek for ways and answers in order to stand by the citizens" he said.

Econonou noted that the government is examining ways to support the citizens without blowing up the ecomomy.
He said that "the energy crisis has similar characteristics with the pandemic. It is external, it is imported and was not produced here, it has significant economic repercussions as the pandemic did, so it needs economic measures and support as it happened with the pandemic".

On the Greek-Turkish relations and the Turkish provocations he underlined that the Turkish president is trying for a long time to drag us to a rhetoric of tension and to an absurdity policy regarding the status in Aegean and in the eastern Mediterranean. 
He underlined that everyone knows that Greece is a factor of stability in the wider region, it does not provoke and in parallel is adamant on issues regarding its national sovereignty and its sovereign rights.

On the phone tapping issue, Economou said that the issue is now in the hands of Justice and of the institutional bodies of the Greek parliament "We have said that we are expecting two things from the procedure. the total clarification of the specific case, namely of the legal surveillance of PASOK-Movement for Change leader Nikos Androulakis, but mostly what we are seeking for is proposals for a substantial institutional address of a very delicate matter".

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