Theodorikakos to ‘N’: Consumer loan law to be passed in June

The authorities for loans of up to 100,000 euros will beryllium submitted to Parliament for voting successful June, Minister of Development Takis Theodorikakos said successful an interrogation with the Naftemporiki vidcast and journalist Michalis Psilos.

“The cardinal nonsubjective is to guarantee that citizens taking user oregon location repair loans are afloat informed astir the obligations they undertake and are genuinely susceptible of gathering them. At the aforesaid time, banks indispensable person decently assessed the borrower’s quality to work the loan,” the curate noted.

“We are placing peculiar accent connected manufacturing, borderline and economically weaker regions of the country, arsenic well arsenic connected larger-scale investments, due to the fact that these make multiplier effects and make substantially much jobs. In bid to strengthen the concern effort, we are prioritizing these three sectors, while during 2026 further absorption will beryllium placed connected agrifood, κοινωνικά entrepreneurship, precocious technologies and artificial intelligence.

We are so preparing a bundle of measures that will, to a important extent, besides target small and medium-sized enterprises, arsenic well arsenic idiosyncratic professionals and entrepreneurs, with the purpose of supporting SMEs activity.”

Asked astir the clime of planetary uncertainty, with the wars successful Iran and Ukraine ongoing and nary wide denotation arsenic to when they whitethorn end, the curate acknowledged that Greece cannot stay unaffected.

“With such unexpected developments, it is preferable to speak frankly and see each imaginable scenarios and consequences. The consequences are exclusively negative. That is the reality,” helium said.

According to Theodorikakos, uncertainty importantly hampers concern enactment and economical maturation overall, while besides creating difficulties for cardinal sectors of the Greek economy. “People are little willing to travel when war is raging successful a broader portion of the world,” helium noted.

He added, however, that Greek tourism has so acold not shown signs of substantial disruption and that authorities still expect a affirmative summertime season.

The curate stressed that the astir terrible interaction stems from the continued emergence and volatility successful lipid prices, which impact the full supply concatenation and make strong inflationary pressures — a peculiarly superior contented for comparatively small and vulnerable economies such arsenic Greece’s.

“We focused connected diesel prices”

“For this reason, from the very archetypal infinitesimal the war successful the Gulf broke out, we focused peculiarly connected addressing the summation successful diesel prices, since diesel is used by each freight transport vehicles,” helium said.

“In bid to forestall inflationary pressures caused by higher diesel prices from passing done the supply chain, we subsidized diesel by 0.20 euros per liter. At the aforesaid time, we imposed a headdress connected diesel retailers’ nett margins and introduced the substance walk subsidy for consumers purchasing 95-octane gasoline.”

The curate said these measures were adopted some to easiness inflationary pressures and to combat profiteering, while acknowledging that such interventions person their limits.

Asked whether the measures had proven effective, Theodorikakos replied: “They were intelligibly effective, due to the fact that without these measures, consumers would beryllium paying up to 0.50 euros much per liter for diesel and 95-octane gasoline. Therefore, the measures were useful, stay useful, and person had a affirmative impact.”

Regarding a imaginable hold of the measures beyond June 30, the curate said the authorities would show developments closely.

“Our hope, naturally, is that some wars will extremity arsenic rapidly arsenic imaginable so that stability tin instrumentality to the markets,” helium concluded.