Sustainably improving people’s incomes through tax cuts and targeted support measures was the focus of the Secretary of State for the Economy and Finance, Giorgos Kotsiras, speaking to ERT.
Kotsiras referred, first of all, to the new economic support measures announced by the Prime Minister Kyriakos Mitsotakis and elaborated on the economic staff, noting that they are a result of the increased revenues resulting mainly from the growth of the economy and the crackdown on tax evasion.
The Deputy Minister of Economy and Finance recalled that at the same time last year, interventions were announced to support tenants and low-income pensioners, which are now being expanded, while a package of measures to manage private debt is coming, aimed at enhancing liquidity in the market and supporting citizens who are trying to be consistent with their tax obligations. As he pointed out,with “targeted, methodical and defined fiscal measures”, “in order to secure the present and the future”, we return every year to the Greek society a significant part of the good course of the economy.
Kotsiras stressed that the government’s strategic choice is permanent support measures, while extraordinary measures are also taken when there are exceptional needs. He noted that permanent tax cuts constitute a “structural policy choice” and placed particular emphasis on tax reform, which has been implemented since the beginning of the year, increasing the income of citizens, especially families with children and young people.
In light of both the yesterday’s statements by European Union Commissioner Valdis Dombrovskis on the strong position of the Greek economy, Mr. Kotsiras pointed out the significant progress that our country has achieved in terms of credibility, which, in the current difficult international conditions, constitutes a “security factor”.
In conclusion, the Deputy Minister of Economy and Finance reiterated that “we are here to support Greek society” both “in times of crisis and in times of normality”. “We have made a lot of effort to get here,” he said, adding that the key stake for Greece in 2030 is to continue with steady steps on the path to growth and security.
