Greek government to slash interest on outstanding social insurance debts

A bill to be tabled in parliament by Wednesday will include a reduced interest rate for the repayment of outstanding debts to insurance funds, Finance Minister Christos Staikouras said on Monday, according to ANA.

In questions related to opposition concerns that property tax ENFIA regulations would benefit large-scale property owners, Staikouras pointed out that only 5 percent of the reductions relate to such individuals, leaving the greatest benefit to lower- and middle- income individuals.

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