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"We are faced with a dilemma: a tax adjustment with tax increases or bankruptcy," Deputy Finance Minister George Houliarakis told the Committee on Budgets.
"The fiscal adjustment involves difficult decisions and tax increases." We did not want to, we adapted.The other option was a messy bankruptcy with disastrous consequences for the households This is the real dilemma in which the government has reacted and has chosen the difficult path of the political cost of adaptation, if the criterion is to restore fiscal credibility, it is to manage the budget, the three year period is deemed to be successful, first of all, because the extreme dangers that weighed on the economy from 2010 to 2015 have been eliminated and I am talking about Grexit: With the exit of the enhanced supervision regime in 2017, expectations have stabilized and debt-loan rates have stopped, "said Houliarakis.
He added that the government's success depends on restoring the credibility of the country's finances, which will allow for moderate fiscal expansion.
For the ND's economic program, he said, "when they promise such measures, people have to ask where the money will be.Our choice is a difficult path between taxation and expansion with cohesion measures. Social. "
He also said that the successful restoration of fiscal credibility "allows us to table a budget that incorporates a reasonable fiscal expansion".
In response, Nea Dimokratias 'vice president, Kostis Chatzidakis, spoke of pretending that bonamas were considered, while the government "takes ten of the citizens' pockets through taxes and contributions and returns one". He called on the majority to reduce the festivities when 5 million seizures were made, while in the speech of Tsipra, he commented: "For him dedicate the song of Stratos Dionysios:" you forced us, but you do not have us not say how much you had to pay us ".
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