Greek Finance Minister Christos Staikouras announced on Tuesday in an interview with public broadcaster ERT a gradual reduction in the solidarity levy, adding that the final decisions are expected in May based on the fiscal space created, ANA reports.
Staikouras reassured that the revision of the objective values will not aggravate the middle class. If objective values in popular neighborhoods increase, the Uniform Real Estate Ownership Tax (ENFIA) will be re-examined, he noted. He also said that after the 22 pct tax reduction, which occurred earlier than initially scheduled, another reduction of 30 pct on average will follow. Moreover, he stressed that tax income collection raised to 85 pct from 80 pct. “By reducing taxation, we are giving citizens an incentive to meet their obligations and at the same reducing tax evasion.”
Staikouras also said that the best solution would be to reduce primary surplus targets to 2 pct of GDP adding that the government is discussing with European institutions a mechanism that will allow surpluses to be transferred in the coming year. He also announced the introduction of a bill in January to address the effects of Brexit.
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