PM Samaras Urges Lower Taxes To Boost Competitiveness

PM Samaras Urges Lower Taxes To Boost Competitiveness

On the European People's Party event on "Strategy for Growth and Jobs 2014-2019" the Greece’s Prime Minister Antonis Samaras shared that European economies need to reduce taxes in order to boost competitiveness. According to him, Greece will soon overcome the crisis, mentioning that the country had made unbelievable progress and this was also reflected by the international markets.
The Greek premier emphasised the need to boost competitiveness but not only by suppressing labor costs, as well as the need to drive down energy cost. He shared that Europe must develop its own energy reserves, diversify its suppliers and develop a network of natural gas pipelines in Europe, as well as sea routes for transporting it to Europe's coasts.
Greek premier referred to European security and illegal migration as a common denominator in the challenges facing Europe and all the major goals defining Europe's common future. He stressed out that long-term growth needs capital and rising investments and added that democracy could only operate in a framework of social cohesion that also demanded a sense of security, while competitiveness needed security to keep energy and borrowing costs low.

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