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> Politics

Finance Minister in Parliament: We must not return to the recipe that brought us to the crisis

"The country needs the maximum support of the Parliament" he argued

Newsroom October 10 09:52

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Greece will be meeting its targets without fail, Finance Minister Gikas Hardouvelis said yesterday in Parliament, during the three-day debate on the vote of confidence to the government that started on Wednesday.

“We cannot and must not return to the recipe that brought us to the crisis,” he said. “This means that the country will be meeting its targets without fail.”

“In the agreements with our partners, Greece must be united and issue a single voice. We do not have the luxury of sending the wrong messages to our partners,” he added.

Mr. Hardouvelis argued that “The country needs the maximum support of the Parliament” adding that “The political uncertainty is n obstacle… political stability ensures that the country will be able to count on its achievements at all levels”.

Mr. Hardouvelis said that an agreement to relieve the tax burden is possible but only if Greece keeps its reformation targets.

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He also announced that there will be further reductions or abolition of emergency measures and that “consistent taxpayers will be rewarded. These rates will be reduced without endangering the financial balance”.

Finance Minister appeared optimistic about the stress tests outcome of Greek financial system, whereas he mentioned the improvement of liquidity in 2015 and bank lending.

 

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