Budget for 2020 eyes faster growth while balancing tax cuts with more revenues

EconomyMacroeconomy Tags: Budget, GDP, Taxes
Finance Ministry
Photo by MacroPolis

Following the nod of approval from the European Commission (EC) earlier in the week, the Finance Ministry tabled on Thursday the final budget to Parliament, essentially unchanged from the draft version of early October.

The economic assumptions underpinning the budget remain more ambitious than those published by the Commission on Wednesday, with the Greek authorities seeing the economy growing by 2.8 percent, compared to EC’s 2.3 percent.

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