The formalization of agreement Eu- USA For the tariffs, they expect the financial staff, so that, through bilateral discussions at European level, the exemption of Greek products will be exceeded. These are mainly olive oil, feta, yogurt, wine and olives that make up PDO products and support the country’s export “footprint”, and all aspects of the next moves are already being studied.
In addition, in addition to avoiding wounds to Greek producers, the agreement aims not to make the balance with the US, which is currently slightly surplus, as Greek exports to the US amounted to 2.4 billion euros last year, while US imports stood at € 2.16 billion.
At the same time, the government is turning its eyes to new alternative destinations, with India and the Middle East high on the agenda. With government officials reporting that the country cannot rely solely on the decisions to be taken in Brussels, where all Member States will give the individual “in favor of all struggle” for their own products (eg France with champagne).
The “stigma” for government thoughts was given by the Minister of National Economy and Finance Kyriakos Pierrakakis, who first said that the agreement “prevents a trade war with chain consequences” and “ensures the transatlantic unity”. However, he added that “Greece would want a lower duties, ideally zero. 15% is lower than the original plan, but it is still burdensome. “
The minister also sent a message to the inside of Europe. He said that “we cannot talk about a single market and still have internal obstacles that act as intra -European tariffs. The processing reaches 45% and 110% in services. These are obstacles to collapse, ”referring to Mario Draghi’s reports.
At the same time, the State Budget Office in Parliament conducted a special study on the impact of US duties. The work text focuses on 20 sectors with exports to the US for the period 2000-2024. Even last year, exports to the US in these sectors covered about 76% of the total value of exports to the US for that year.
For the period 2000-2024, the average annual value of exports to the US per product category was as follows (in brackets or value at millions of euros): fish- fish (18.4), vegetables (1), fruits (14), drinks (1), oily fruits (2), (65), fossil fuels (320), pharmaceuticals (2), materials (23), steel (7), steel artifacts (74), aluminum (80), machinery (28.3), electrical appliances (71.8), aviation (57.5), olives (100), olive oil (olive oil).
The Budget Office also proposes to support the export sectors that are more vulnerable to adverse trade disorders, to redistribute exports to new international markets, although it implies costs, and to examine temporary relief measures. Such as non -wage costs or energy reductions, with the aim of directing them, maintaining employment and operational continuity, as well as implementing training initiatives to enhance the skills of the workforce.