We achieved the most balanced agreement taken into account the circumstances,” Greek Economy Minister Giorgos Stathakis on Wednesday said in statements to Mega TV. The Minister described the measures “balanced” because as he said “lenders initially demanded direct pensions and wages cuts and an overall VAT increase on certain categories.” Regarding ENFIA, Stathakis said if it is abolished, then we should have equivalent measures that will counterbalance the decline in revenues. Asked whether ENFIA will exist in 2016, the minister replied: “In September, in the 2016 budget, we will tell you if and what you have to pay.” Furthermore, he predicted that despite the fact that marginal recession was recorded in the first quarter, the economy in 2015 is expected to show a growth rate close to 1.5 pct. (source: ana-mpa)
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