More jobs and revenues to handle crisis

New revenues and new jobs make up the core of the plan the government is working on to ease the country through the global financial crisis, said Economy and Finance Minister Yiannis Papathanassiou after a meeting of the Inner Cabinet on the economy yesterday. The meeting extensively discussed the international financial crisis, following an extraordinary European Union summit last Sunday and ahead of the Ecofin meeting next week. ‘Every day we experience unexpected negative developments in this unprecedented crisis. Our plan is for it to have the least possible impact on the medium and lower incomes, through limiting state deficits and through growth interventions that will create new revenues and new jobs,’ said Papathanassiou.

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