Stournaras seeks tax cuts but says drop in revenues misleading as targets being met

Stournaras seeks tax cuts but says drop in revenues misleading as targets being met

 

Greece will discuss with the troika the possibility of reducing some taxes when inspectors return in June, according to Finance Minister Yannis Stournaras, who also told Sunday’s Kathimerini that the coalition will introduce changes in the civil service that will prevent promotions being strictly tied to time served.

“We understand that a lot of families have reached their limits,” said Stournaras in an interview. “This is why we negotiated hard for the emergency property tax to be reduced by 15 percent despite the troika’s objections.

“During their next visit, we will examine reducing other levies, such as value-added tax for food service. Also, we will take another look at the special consumption tax for fuel.”