x

Economy

Greek FinMin Presents Policy Priorities for Post-Coronavirus Era

ATHENS — Greek Finance Minister Christos Staikouras presented the government's eight policy priorities in the post-Covid era which include a gradual reduction of tax rates and primarily of social insurance contributions, dealing with a high private debt and privatizations.

Addressing the 10th Nicosia Economic Congress, Staikouras said these policies were:

1. Implementing a prudent fiscal policy, with a gradual reduciton of tax rates and social insurance contributions.

2. Promoting a new framework of dealing with a high accumulated private debt, focusing on vulnerable households.

3. A further strengthening of the banking system stability.

4. Continuing a program of privatizations and exploitation of state property.

5. A digital transformation of the public sector and the Greek economy to reduce bureaucracy.

6. Modernization and improvement of the investment attractiveness of the economy through creating a new improved framework of corporate governance, promoting use of e-mobility, strengthening research and innovation.

7. Implementing structural reforms on a regulatory framework for business activity, judicial system, management of public investments, agricultural policy, etc.

8. Investing in infrastructure, focusing on green economy.

Staikouras said these were policies that will allow Greece to build a new productive and growth model, taking advantage of all available domestic and European means and resources, with a vision, responsibility, transparency and social justice.

 

RELATED

ATHENS - The drawing up of the new plan for the support of the households and the enterprises against the price hike, that Prime Minister Kyriakos Mitsotakis will announce at TIF (Thessaloniki International Fair) in September, enters into the final stretch.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Biden: Killing of Al-Qaida Leader Is Long-Sought “Justice”

WASHINGTON — President Joe Biden announced Monday that al-Qaida leader Ayman al-Zawahri was killed in a U.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.