BUSINESS

No new taxes, says Stournaras

Taxpayers in Greece will not have to pay fresh taxes, Finance Minister Yannis Stournaras said speaking on Skai radio on Wednesday.

"There will be no new taxes," stated the minister, adding that while the country's lenders had initially demanded measures of about 3 billion euros for 2014, troika representatives had finally agreed to no new measures as well as a few allowances to be allocated in distributing the country's primary surplus.

Stournaras said talks on sovereign debt relief should commence at a eurogroup meeting scheduled to take place on June 19. He said the government's aim was to achieve a slight reduction of the debt's interest rates, among others.

The minister said that Greece's return to global markets for financing was near but would not take place before the upcoming European Parliament elections in May.

On the subject of whether he had completed his mission at the finance ministry Stournaras replied that he had completed the “largest part, but not all of it.”

Online