Mr. Vasileios Madouros:

My colleagues may want to come in but the specific, individual interventions are more from the perspective of the Government to consider. Our advice is more from a macroeconomic perspective. It is very much focused on targeted supports because this shock has had particularly adverse implications for some parts of the population. It has not been felt in the same way by everyone. It is important that supports are targeted to those who are most vulnerable and who need them most. Supports should be temporary so that they do not end up either adding a permanent vulnerability to the public finances over the medium term or inadvertently add to medium-term inflationary pressures, which would not help anyone because what we are trying to do is bring inflation back down to 2%. They should be tailored too to maintain incentives to preserve energy. Our advice is much more from an overall macroeconomic perspective whereas individual interventions are political matters for Government.