The deputy finance minister on Tuesday pointed to “income tax reforms” as the way the leftist government will cover two-thirds of the 5.4-billion-euro figure needed to close expected budget deficits over the coming three-year period, a figure that translates into 3 percent of GDP at current rates.
By Mihalis Hatzikonstantinou
The deputy finance minister on Tuesday pointed to “income tax reforms” as the way the leftist government will cover two-thirds of the 5.4-billion-euro figure needed to close expected budget deficits over the coming three-year period, a figure that translates into 3 percent of GDP at current rates.
Nevertheless, minister Giorgos Houliarakis offered a “carrot” in his address to a relevant parliament committee, saying that if revenue goals are met, then some of the proposed tax measures will not be implemented.
Moreover, he again repeated that the 2015 budget will post a marginal surplus of 0.2 percent.