Informal approval by the Commission for the "Rent for Installment" Plan

We are awaiting the Commission's decision on the "rent versus installment" plan, to support vulnerable borrowers.

Well-informed sources at the Ministry of Finance told Sigma that there is already a formal approval of the plan from Brussels.

What remains is the official response from Europe.

Subsequently, the bill will be submitted to the Finance Committee to examine it and then the Plenary to give the green light.

According to information, a condition of Brussels, for the plan to be approved, is that the first residence does not exceed 250 thousand.

The plan's budget will amount to 400 million euros and will concern single-parent families, people with disabilities, recipients of the Minimum Guaranteed Income and those rejected by the ESTIA plan.

Sources of the Ministry of Finance did not hide their displeasure with the attitude of the Parliament, while the specific plan is being considered. Of course, it is worth noting that the proposal of the parties, according to their representatives, was also a lever of pressure on the Government, to bring the plan to Parliament as quickly as possible.

As they stated before the vote, the delay had exceeded one year.

Increases in goods

The increases in basic goods have come and gone.

Consumers are reaching even deeper into their pockets every month.

This is also demonstrated by the price observatory of the Consumer Service.

From September 2021 to July 2022:

Rice and pulses recorded an increase of almost 13%, milk 7,28, yogurt and coffee over 14%. There is a significant increase in flour and cheese, which increased by almost 14% and 18% respectively. Cereals almost 7%, pasta 22% and cold meats about 3%.

Water 7%, meat and fish almost 11%, while baked goods around 24%.

Certainly, some of these, the products, are purchased by every household at least 2 to 3 times a week.

Therefore, the impact of revaluations is even greater for households.

Source: economytoday