PASOK pushes back against PM's refusal to tax excess bank profits

PoliticsGreek Politics Tags: Mitsotakis, New Democracy, PASOK-KINAL
Photo by MacroPolis
Photo by MacroPolis

Prime Minister Kyriakos Mitsotakis is adamant that he will not impose an extraordinary tax on Greek banks to create extra fiscal space in the budget, despite pressure from main opposition party PASOK to chase excess profits.

Speaking at the 3rd Greek Investment Conference in London, Mitsotakis said that the government expects much from Greece’s lenders but that it has no plans to impose an extra tax on them.

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