According to the President of the Consumers’ Association, Marios Drousiotis. Speaking on the Alpha Kalimera program, he also raised the issue of the additional tax revenue generated for the government when fuel prices rise.
As he noted, the price of heating oil has risen by approximately 7.1 cents per liter compared to March 1, which also translates to higher revenue for the government through VAT. He argued that part of this additional revenue could be returned to consumers through stronger support measures.
“The subsidy will provide some relief, but it will not yield any substantial benefit for the consumer,” he said, commenting on the extent of the government’s intervention in heating oil prices. According to him, the comparison should not be made solely based on the amount of the subsidy, but rather on the total cost that has already been factored into the final price.
Mr. Drousiotis also reiterated the Consumers’ Association’s proposal that the additional revenue collected by the state due to the increase in the price of heating oil be returned to citizens.
“Give the extra revenue collected from heating oil to consumers to provide them with relief,” he stated emphatically.
He also raised the issue of how subsidies are implemented, noting that there should be mechanisms in place to ensure that government support actually reaches the intended beneficiaries. “When you provide a subsidy, you must ensure that it goes to the beneficiaries and not somewhere else,” he emphasized, noting that the Association has been raising this specific issue for months.