Samaras upbeat on recovery but insists VAT rate has to be reduced to boost economy

Samaras upbeat on recovery but insists VAT rate has to be reduced to boost economy

 

With the latest agreement with the troika reached, the government is beginning to turn its focus to its next tasks, such as completing the recapitalization of Greek banks and progressing with the privatization process, with Prime Minister Antonis Samaras insisting that Greece can “see light at the end of the tunnel.”

Speaking at the Economist conference in Athens Tuesday, Samaras repeated the upbeat message he delivered on Monday after his government agreed with the troika on the details of structural reforms needed to unlock another 2.8 billion euros of bailout funding.