In his address to the Economist’s 23rd Roundtable on Wednesday, Prime Minister Kyriakos Mitsotakis announced two key economic measures, according to int.ert.gr
The first regards the suspension of VAT for three years on all building permits issued from 1.1.2006, which is expected to lead immediately to the recession of the property market that has been frozen for a decade, to attract investment and increase employment in the construction sector.
The second measure concerns the targets of primary surpluses, which the PM estimated would be possible from 2021.
In his speech, Mitsotakis also outlined the key pillars of the government’s economic strategy: reforms that bring growth and jobs, tax and spending cuts, and a robust banking system free of “red loans”.
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