Staikouras strikes note of caution on fiscal space and tax cuts

EconomyProgramme Tags: Reforms, Taxes

Greece’s finance minister revealed in an interview with Kathimerini newspaper over the weekend that the range of tax relief measures the governing party had pledged in the election campaign will be subject to the available fiscal space in 2020, which needs to be discussed and agreed with the European creditors.

Christos Staikouras said that the only certain intervention for next year is the reduction of the tax rate on corporate profits to 24 percent, from 28 percent. He explained that following this year’s reduction in property tax, there is no room for any a...

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