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Athens Macedonian News Agency: News in English, 13-10-11

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] FinMin Stournaras promises 'fairer' real estate tax

  • [01] FinMin Stournaras promises 'fairer' real estate tax

    ANA-MPA -- The unified real estate tax will be fairer than the previous one because it will collect less from more taxpayers, Finance Minister Yannis Stournaras said on Thursday, exiting a meeting chaired by Prime Minister Antonis Samaras at Maximos Manion.

    He added that taxes on farming land and land in agricultural areas will be very low.

    Stournaras rejected the possibility of new across-the-board measures being introduced. Commenting on a recent IMF report claiming that Greece will need more loans, he referred to the report's page 14, which said that in developed countries the criterion used must be either the cyclical deficit or surplus."

    "Greece has a 4.5 percent primary surplus for 2013 and possibly over 6 percent in 2014," Stournaras noted. "It's self-evident there will be no across-the-board measures," adding that the measures that will be implemented will be infrastructural in nature.

    Athens News Agency: News in English Directory - Previous Article - Next Article
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