Tax hikes won’t attract investment


At a time when the Greek government is hiking taxes and social security contributions, a Black Sea Trade and Development Bank business forum, chaired by BSTDB president Ihsan Ugur Delikanli (pictured) in Athens on Monday, heard that, along with broad reforms, reductions in taxation and contributions had helped countries in Central and Eastern Europe to attract investment.

Economy Minister Giorgos Stathakis also spoke at the "Supporting Growth in Greece" forum and pledged that all state debts to third parties would be paid in the next 12 months.