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Parliament com't debate on state budget

Δημοσίευση 3 Δεκεμβρίου 2010, 10:37 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Parliament com't debate on state budget
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The discussion on the 2011 state budget opened in the parliamentary Committee on Economic Affairs on Thursday with Finance Minister George Papaconstantinou underlining that “the path we are following is a tough one, but it is the only one that will lead us somewhere because all the rest lead to a dead end”.

The discussion on the 2011 state budget opened in the parliamentary Committee on Economic Affairs on Thursday with Finance Minister George Papaconstantinou underlining that “the path we are following is a tough one, but it is the only one that will lead us somewhere because all the rest lead to a dead end”.

“There is no room for petty politicking approaches, magical solutions and big words,” he said, commenting on references made by the main opposition New Democracy (ND) party which has maintained that it can eliminate the country’s debt in just 18 months.

The minister of finance called on the main opposition party to follow the example of the Conservatives in Portugal who voted in favour of the state budget prepared by the ruling socialists, stressing that the ND proposals for spending cuts, reduction of tax evasion and utilization of state-owned property are already part of the government policy.

Responding to criticism made by ND and opposition Popular Orthodox Rally (LA.OS) concerning the limited state revenues, Papaconstantinou stressed that this is due mainly to the widespread tax evasion.

Papaconstantinou underlined that the 2011 state budget includes initiatives aimed at boosting the economy such as, the reduction of VAT in hotel rates and medicine prices, reduced taxation on the non-distributed profits etc.

Ruling PASOK party rapporteur MP Nassos Alevras responding to the anti-memorandum comments made by ND, stated that “Greece is faced with a debt problem and not a memorandum problem”.

On behalf of ND, MP Christos Staikouras stated that the budget presented is “out of contact with reality” and criticised the government policy, stressing that “recession is deep and still present”.

Communist Party of Greece (KKE) MP Nikos Karathanassopoulos stressed that “the fiscal crisis is directly linked with the international capitalist crisis”, pointing out that “the myth, according to which the Euro-zone and the euro can protect economies, is collapsing”.

LA.OS MP Makis Voridis accused the government of “inadequate fiscal adjustment”, while Radical Left Coalition (SYRIZA) MP Panagiotis Lafazanis stressed that “2010 was a tragic year and in 2011 we will live a nightmare”.