Athens details fiscal counter-measures, a vital selling point for Tsipras

EconomyProgramme Tags: Housing, Poverty, Taxes
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The expansionary counter-measures designed to balance the new fiscal interventions that Greece will have to implement, initially outlined by Finance Minister Euclid Tsakalotos at a press conference after Friday’s Eurogroup, were detailed in a report published by the Athens News Agency (AMNA) on Sunday.

Tsakalotos stressed that the counter-measures, subject to Greece meeting fiscal targets, would focus on the spending side in 2019 and on reducing the tax burden in 2020, worth 1 percent of GDP in each year.

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