AIRLINK 193.31 Increased By ▲ 1.47 (0.77%)
BOP 10.06 Increased By ▲ 0.19 (1.93%)
CNERGY 7.67 No Change ▼ 0.00 (0%)
FCCL 38.21 Increased By ▲ 0.35 (0.92%)
FFL 15.75 Decreased By ▼ -0.01 (-0.06%)
FLYNG 25.60 Increased By ▲ 0.29 (1.15%)
HUBC 130.52 Increased By ▲ 0.35 (0.27%)
HUMNL 13.82 Increased By ▲ 0.23 (1.69%)
KEL 4.68 Increased By ▲ 0.01 (0.21%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.90 Increased By ▲ 0.61 (1.38%)
OGDC 210.69 Increased By ▲ 3.82 (1.85%)
PACE 6.62 Increased By ▲ 0.06 (0.91%)
PAEL 40.91 Increased By ▲ 0.36 (0.89%)
PIAHCLA 17.77 Increased By ▲ 0.18 (1.02%)
PIBTL 8.12 Increased By ▲ 0.05 (0.62%)
POWER 9.11 Decreased By ▼ -0.13 (-1.41%)
PPL 182.01 Increased By ▲ 3.45 (1.93%)
PRL 39.48 Increased By ▲ 0.40 (1.02%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 108.58 Increased By ▲ 0.73 (0.68%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.12 Increased By ▲ 0.01 (0.03%)
SYM 19.30 Increased By ▲ 0.18 (0.94%)
TELE 8.70 Increased By ▲ 0.10 (1.16%)
TPLP 12.40 Increased By ▲ 0.03 (0.24%)
TRG 65.90 Decreased By ▼ -0.11 (-0.17%)
WAVESAPP 12.59 Decreased By ▼ -0.19 (-1.49%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.95 No Change ▼ 0.00 (0%)
BR100 11,964 Increased By 33.3 (0.28%)
BR30 35,919 Increased By 259.6 (0.73%)
KSE100 113,970 Increased By 763.1 (0.67%)
KSE30 35,802 Increased By 236.4 (0.66%)

THESSALONIKI, (Greece): Greek Prime Minister Kyriakos Mitsotakis on Saturday promised tax cuts and better economic growth prospects in a bid to repair the political damage wrought by last month's destructive forest fires.

"I am able to announce a revised growth target of 5.9 percent" for 2021, Prime Minister Kyriakos Mitsotakis said in a keynote speech at the Thessaloniki International Fair.

Official Greek data last week showed the economy growing 3.4 percent between the first and second quarters of 2021, and a better-than-expected 16.2 percent year-on-year, despite partial lockdowns.

And Greek authorities look forward to positive tourism takings in July and August being reflected in the third quarter data.

Mitsotakis ruled out another pandemic lockdown in the fall, stressing: "The economy and society will not shut down again."

The PM also announced new tax cuts, benefits for green energy and digital investment, and an initiative to encourage youth employment.

"Greeks are now paying less tax across the board," he said.

Three years after Greece exited its last international bailout, nearly one in three Greeks under 24 is unemployed.

Halfway through his four-year term, Mitsotakis has seen his conservative party's ratings flag after wildfires destroyed over 100,000 hectares of forest, farmland and crops around the country.

Just before his speech, police fired tear gas and water cannon at anti-vaccine and anarchist demonstrators who tried to approach the fair venue.

Around 9,000 people took part in protests, police said, against the government's vaccine policy and recent labour laws on overtime and strikes.

Though Mitsotakis is more popular than rival leaders, his New Democracy party's lead over the leftist Syriza party fell to 10.1 percent in August from between 12.8 and 16.5 percent in July.

The latest poll, in Ta Nea daily, found nearly 55 percent of respondents disagreed with the government's policies on tackling the Covid-19 pandemic. Over 14,000 people in Greece have died from causes related to the pandemic. Over half of the country's 11 million residents have been fully vaccinated.

Comments

Comments are closed.