AKEL is undertaking an initiative[/B] for the taxation of energy companies' excess profits, according to the party's press spokesman George Koukoumas.
In a statement, Koukumas said that "the much-publicised meeting at the Presidential Palace did not yield any immediate measures to relieve society. Neither a cap on fuel is being discussed by the government, nor the restoration of the ATA, nor the reduction of VAT on basic goods, nor any of our other proposals. In other words, the Coalition government is telling the people to eat sponge cake."
"Besides," he continues, "the Coalition's economic theory is outrageously cynical: they claim that if people have more money in their pockets, prices will go up. That is, to starve society in order to bring down inflation."
"But the Coalition and its government are hiding a great truth: unprecedented increases do not have the same consequences for everyone. While the pockets of households are being emptied, the coffers of the state and the big energy companies are being filled with revenues they never imagined. However, those in power do not want to harm the big interests even in the slightest", Mr Koukumas notes.
He points out that "since the government does not want to proceed with the taxation of the unexpected excess profits of energy companies, AKEL is taking a legislative initiative and we call on everyone to take a stand".
"With the people or with big private interests?", he asks in conclusion.
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