Changes in taxation in favor of employee It introduces to the government by the Governor of the Bank of Greece (BoG), Giannis Stournarasspeaking today (17.6.2025) to ERTnews.
Yiannis Stournaras pointed out, inter alia, that “we must see the whole system for the benefit of the employees, of course, because at the moment if someone is wrong in Greece, it is the employee. So if there are changes, they will be in favor of the employee, in favor of work. “
At the same time, according to him, a comprehensive reform of the tax system is required as, as he pointed out, after the reform of the Georgakopoulos Committee, there was no progress. “We need to look at them all together, the tax system, the rates, to see tax exemptions together, to see the benefits,” he said, adding that “we need a white paper here, as in England sometimes they do for taxation. Let’s see where we are today, what changes can be made that will improve both growth and social justice .. “
Mr Stournaras estimated that tax evasion has declined significantly in recent years. In support he said that the reduction of cash used in the economy is a clear indication of it. Specifically, as he said, “the fact that the money was made, The banknote, has been greatly reduced, is an indication of tax evasion reduction. And it has been greatly reduced. Right now, to tell you a number, the crisis was 50 billion, now it’s $ 6 billion. “
On the subject of accuracy he admitted that it exists in some sectors, as some products are more expensive than they should be based on wages that are much lower in Greece. But some are lower, so the average price is much lower than the average in Europe.
Commenting on developments in the banking industry, the BoG Governor said that foreign credit institutions should be invited by the domestic ones in order to participate in their share capital, according to Alpha Bank standards with Unicredit. “This means competition, because it will also bring about know -how, it will also bring new products,” he said.
Finally, Mr Stournaras left open the possibility of discussing with the government to renew his term of office, which expires next June, for the third consecutive time.