Greek PM: Ending the 'unacceptable tax siege' government's first priority

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Greek PM: Ending the 'unacceptable tax siege' government's first priorityThe return of the country to investment grade, in the first half of 2021, will allow access to the quantitative easing programm

Premier Kyriakos Mitsotakis stressed the government's determination to lower the tax burden in Greece, telling a conference on the "Future of Retail" organized the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) that his first priority will be to "end the unacceptable tax siege" - especially for Greek businesses, ANA reports.

"ENFIA has already fallen by 22 pct, a year earlier than we had pledged, the corporate tax rate has already fallen from 28 pct to 24 pct and the dividend tax from 10 pct to 5 pct, in addition to 1.2 billion euros in tax cuts voted in the 2020 budget, of which 700 million concern the world of business - large, medium- and small-sized companies," the PM added.

He added that both the value and volume of retail sales were moving in the right direction, reflecting the overall optimistic climate in the market. "But I have no illusions. It is a long haul, given the current situation and the possibilities that exist. The retail share of national income is now over 10 pct. The sector's jobs exceed 700,000, or 18 percent of all employees," the prime minister said.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

 

 

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