State Budget Office: Reducing VAT not a solution

• Greek Budget Office: Reduction of VAT is not a solution to the problem of high prices
• Positive prospects for the Greek economy in 2024
• Greek State Budget Office report for June 2024 shows increase in economic growth
• Private consumption and investments contribute to economic growth
• Investments in capital and human resources are crucial for long-term economic growth
• Greece needs to cover a large investment gap compared to the Eurozone average
• Accelerating the distribution of Recovery and Resilience Fund resources is crucial for boosting investments
• National Investment Fund should prioritize funding high-tech and value-added investments
• Successful completion of investments and reforms by 2026 will lead to a shift towards a more productive economic model with higher added value

Source: taxheaven.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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