Androulakis: The economic crisis is deeply unfair on Greece

PASOK Nikos Androulakis economic crisis

Leader of the opposition PASOK-Movement for Change leader Nikos Androulakis said on Thursday that the impact of the economic crisis in Greece is "deeply unfair" and this can be seen from its effects compared to other European states, adding that it disproportionately affected those earning less.

"In Greece, we have inflation of high prices for the vulnerable and the middle class and inflation of super profits for the powerful," Androulakis said, pointing out that, according to the data, households earning up to 750 euros a month have lost 40% of their their purchasing power while households earning up to 1,100 euros a month have lost around 14%.

"At the same time, the big energy producers, while the price of the megawatt hour was around 400 euros and 233 euros in the two previous months, sold it at 600 and 800 euros. And of course there is the issue with the banks, where the difference of deposit interest rates and the average loan interest rate is the largest in Europe," he noted.

Finally, the president of PASOK - Movement for Change emphasised that "the government, instead of prioritising the protection of the vulnerable and middle class, continues in this great economic crisis to be a policeman for powerful financial interests."

Elsewhere, main opposition SYRIZA-Progressive Alliance leader Alexis Tsipras described Wednesday's strike mobilisation as a "resounding response" by the workers and the Greek society "to the regime of high prices, profiteering, insecurity, corruption and indignity."

In his statement, Tsipras said that the strike mobilisation gives a resounding response "to the regime of the Mitsotakis government, which shrinks democracy and plunges the Greek society into despair. Every passing day makes the rich richer, the middle class poor and the poor desperate."

"It is a strong message that the people can provide a way out. This will be achieed with their active presence, and of course with the prospect of a major political change in the polls," he underlined.

The leader of the main opposition underlined that "there is an alternative solution to protect the Greek society."

He said that "the country cannot be the worst in Europe in prices, in profiteering, in deaths from the pandemic, worst in wages", noting that "there is an alternative way with support for wages, support for work and social justice. And it will come quickly."

READ MORE: Inflation drives thousands of protesting Greeks to the streets.

No Comments Yet

Leave a Reply