No recession measures or rise in VAT rates, FinMin Varoufakis says
VAT rates will not be raised, nor will there be any recession measures, Finance Minister Yanis Varoufakis told "Sunday Vima" newspaper.
The finance minister's full statement runs as follows: "The negotiation is continuing by the hour. There will be no recession measures, or increases of VAT rates.
On the contrary, we are presenting a comprehensive programme that will allow us to have a primary surplus in 2015 of 1.5 percent of the GDP, if of course the problem of the economy's liquidity is resolved on time. As you are aware, we have a noose around our necks."
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