ND Accusation that Gov’t Growth Plan will Burden Public Finances is Unfounded According to Ministry Sources

Sunday, March 26th, 2017
Last Update: 19:33

The accusation that some of the measures on employment proposed in the government’s Growth Plan will burden Greeks further is unfounded, sources from the Economy ministry told the Athens-Macedonian News Agency on Sunday.

The comment was a reply to New Democracy’s Shadow Minister for Growth Dora Bakoyannis who said that instead of the plan providing incentives to businesses, it proposes ineffective measures to temporarily boost employment, which will further burden public finances.

According to the sources, the measures are not temporary but aim at restarting the economy, by tackling initially the problem of unemployment, as well as attracting investments and increasing production.

“The accusation that the measures boosting employment in the Growth Plan will bring greater fiscal burdening is completely unfounded for a simple reason: Apart from the evaluation of the fiscal impact taken into account by the Plan, the simplest answer is that neither the IMF nor Mr. Schaeuble have vetoed the measures in question,” the sources said.

“If there was a serious impact, then the first to react to these measures would have been the country’s creditors,” they added.(source: ana-mpa)

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