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GreekReporter.comGreeceND Leader Samaras Unveiled New Economic Proposals

ND Leader Samaras Unveiled New Economic Proposals

Main opposition New Democracy (ND) leader Antonis Samaras called for a “creative shock” to restart the Greek economy, in a platform of proposals he unveiled on Thursday.
At an event dubbed “Zappeion 2”, Samaras warned that the country’s debt was a paralyzing factor and dangerous, and reiterated charges that the government had pre-decided the recourse to the International Monetary Fund (IMF), while also criticizing the government of not negotiating the terms of the Memorandum.
Greece can emerge from the crisis and become better, without returning to “dependent prosperity”, Samaras said, and urged that the “ghosts of populism and fatalism” be laid to rest, adding that he was proposing a “pact of self-confidence and dignity”.
Stressing that the economy needs to be restarted, Samaras stated a bold and immediate, as well as medium-term, reduction of the tax rates, was the top priority. He also proposed a 15 percent rate on corporate profits, a reduction of the highest tax rate from the current 45 percent to 40 percent, a reduction of the highest VAT rate from the current 23 percent to 19 percent, and a 5.5 percent tax rate for tourism businesses.
(source: ana-mpa)

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