Finance Ministry faces balancing act as it starts to draft 2020 budget

EconomyProgramme Tags: EC, Eurogroup, MoF, Taxes
Finance Ministry
Photo by MacroPolis

The Finance Ministry is getting down to the business of drafting the first version of the 2020 budget, which will have to achieve the key economic goals pledged by New Democracy but also satisfy Greece’s lenders.

During a press briefing on Tuesday, government spokesman Stelios Petsas said that the tax-free threshold for incomes will not be reduced, there will be no cuts to social benefits and there will be no fiscal gap in 2019 or 2020.

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