Greece needs a change of policy with lower taxes, Mitsotakis tells ACCI

Greece needs a change of policy with lower taxation and an acceleration of reforms, main opposition New Democracy leader Kyriakos Mitsotakis said on Wednesday, addressing the Athens Chamber of Commerce and Industry (ACCI) board.

“Our final goal is to have investments and growth, combined with social solidarity, and the means to achieve it are reforms, reduced taxes and a change in the policy mix. We have reached the point where some are celebrating having averted a disaster that they themselves very nearly brought about. Greece’s economy grew at the lowest rate in the Eurozone and did not succeed in making progress at a good conjunction,” Mitsotakis said.

He accused the government of implementing memorandum commitments against its will and overtaxing Greek citizens without implementing a broader framework of institutional reforms. There were still serious problems in the Greek market, Mitsotakis added, while attacking the government for slashing the public investment programme.

There was no cause to celebrate and the answer did not lie in overtaxation and a policy of benefits that caused distortions, Mitsotakis concluded.