Flush from end of bailout, Greek PM announces tax breaks


Posted on September 09, 2018, 7:05 am
2 mins

Greek Prime Minister Alexis Tsipras on Saturday unveiled plans for tax cuts and pledged spending to heal years of painful austerity, less than a month after Greece emerged from a bailout program financed by its European Union partners and the International Monetary Fund.

Tsipras, who faces elections in about a year, used akeynote policy speech in the northern city of Thessaloniki toannounce a spending spree that he said would help fix the illsof years of belt-tighteningand help boost growth.

But he said Athens was also committed to sticking to thefiscal targets pledged to lenders.

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