Greece aims for strong economic growth, tax cuts in 2020

Greece hopes higher investment and tax cuts will help power economic growth next year as the country recovers from a decade-long debt crisis.
Growth will pick up to at least 2.8 percent next year from 2 percent in 2019, according to a draft budget submitted to Parliament by the conservative government on Monday.
"The draft budget ... signals the economic policy's radical turn to growth, employment and income increases," Deputy Finance Minister Thodoros Skylakakis said in an accompanying statement.
Unemployment is forecast to drop to 15.6 percent next year from 17.4 percent in 2019, while Athens projects public debt will fall to 167.8 percent of GDP, or 331 billion euros, in 2020 from an expected 173.3 percent of GDP this year.

Greece's national debt and its jobless rate are the highest in the eurozone.

The country emerged from its third international...

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