The tax cuts in Greece at the center of Dendias-Schäuble discussions

The tax cuts in Greece at the center of Dendias-Schäuble discussions

 

By Spiros Sideris – Athens

Minister of Development and Competitiveness, Nikos Dendias, and Finance Minister of Germany, Wolfgang Schäuble, had a one-hour “broad discussion” earlier today in Berlin, during which “all matters relating to the Greek economy, the course of the stabilization program,” tax issues and the crisis in Ukraine were discussed.

The meeting was held in a very friendly atmosphere and were discussed “all matters relating to the Greek economy, the evolution of the stabilization program, and current challenges. The crisis in Ukraine and the implications this may have for Europe and Greece combined with the capabilities of the German factor to influence the crisis, and other future scenarios for the Greek economy – our ability, as is becoming apparent to finally exit from the crisis for good and find ourselves out of the tunnel into the light”, Dendias said.

The minister, who will meet, among others, the Vice Chancellor and Minister of Economy and Energy of Germany Sigmar Gabriel and the Administration of the Federation of German Industries (BDI), also noted that during the meeting with Mr. Schäuble the discussion also revolved around “tax issues; how could the Greek economy function in a context with fewer taxes, but also with powerful development tools that can help small and medium-sized businesses to find financing and grow” and concluded by stressing: “ultimately the unemployment in Greece cannot be defeated if the economy does not function properly, if no new products are created, new businesses, if the economy does not benefit by liquidity, if there is not an increase in exports. The assistance of the German factor in such a direction can and should be important”.