NEWS

Minister calls on Greeks to repatriate savings as 'service to the nation'

Development Minister Nikos Dendias on Friday called on Greeks with cash deposits in foreign countries to repatriate the funds as a "service to the nation."

In an interview with Alpha channel, Dendias called on Greeks with money abroad to "bring it back and invest in the country."

In a nod to the Finance Ministry, Dendias noted that it was the responsibility of other ministries to offer incentives for the repatriation of funds held by Greeks abroad, suggesting that penalties for tax evasion could be waived in some cases.

"It is not my area of competency so I do not want to expand on it," he said. "But bringing money into the country at this moment is a service to the nation, that much is clear."

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