“No other country, after the corona virus, has been able to achieve this rate of debt reduction”, said Minister of State Makis Voridis
“The Fitch house was a strict and difficult house to upgrade. It upgrades the Greek economy, gives it the investment grade. It matters why he does this: In the justification of the upgrade he talks about the spectacular and unique in the world debt reduction. No other country, after the corona virus, has managed to achieve this rate of debt reduction”, State Minister Makis Voridis told SKAI and the show “Kalimera” with Giorgos Autias.
“This was done with the highest growth rate in the eurozone, with the continuous reduction and de-escalation of unemployment. For the first time, unemployment reached pre-crisis levels last month. This allows for an increase in investment flow. The flow of capital also allows for the de-escalation of interest rates, the de-escalation of interest rates allows the economy to borrow, the economy to borrow allows the increased rate of growth to be achieved. Increased growth rates bring increased tax revenue without increasing tax rates, reduce unemployment, generate income. Civil servants will get a raise after 15 years,” he added.
Source: Skai
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