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Τρίτη, 13 Δεκεμβρίου 2016 21:56

Mitsotakis: Cutting tax rates, slashing state spending a priority

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Tuesday referred to three “priorities”, as he said, to finally achieve Greece’s exit from the ongoing seven-year economic crisis.

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Tuesday referred to three “priorities”, as he said, to finally achieve Greece’s exit from the ongoing seven-year economic crisis.

Speaking before an audience at the Hellenic-American Chamber of Commerce, the pro-reform ND president and former minister repeated that his first priority is to lower tax rates in tandem with reduced state spending.

A second “priority”, as he said, is a more difficult “return to growth”, as well as a restoration of liquidity for the Greek banking system, i.e. re-inclusion of Greek bonds in the ECB’s QE program.

Finally, he mentioned reforms to facilitate increased entrepreneurship and to lure investments to crisis-battered Greece.