Farm­ers want lower taxes, IOBE warns against stum­bling re­forms

Kathimerini English - - Focus -

protested the gov­ern­ment’s new tax mea­sures out­side the Min­istry for Mace­do­nia and Thrace in the north­ern port city of Thes­sa­loniki yesterday, the Foun­da­tion for Eco­nomic and In­dus­trial Re­search (IOBE) is­sued a re­vised forecast for the course of the econ­omy this year, tak­ing its con­trac­tion es­ti­mate down to 1.5 or 2 per­cent of gross do­mes­tic prod­uct, from 2.3 per­cent. How­ever, it es­ti­mates that GDP will shrink at the same or an even greater rate next year due to con­cerns that the re­forms are not be­ing ap­plied as called for by the bailout pro­gram.

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