FinMin: No possibility of tax reductions right now

“I am worried and will not relax, because we must keep the deadlines and follow the programme” Stournaras said.

Stournaras underlined that the country is on a good course and the figures prove it, adding however that the seven months of good returns in 2013 are not twelve months.

He noted that the debt’s sustainability depends on the debts of the past, from the primary surpluses and the GDP rate change and expressed his estimation that in the midst of next year it will begin to de-escalate.

Particularly on the heating oil, the Finance Minister said that he plans to change the criteria for the heating benefits.

Concluding, Stournaras ruled out the possibility of new taxes being imposed.

Source: AMNA