BREAKING NEWS

BREAKING NEWS

Greek PM pledges tougher reforms ahead of poll

Now Reading:

Greek PM pledges tougher reforms ahead of poll

Text size Aa Aa

With only five days before Greece goes to the polls, Prime Minister Costas Karamanlis has promised tough economic measures to deal with Greece’s ballooning debt.

In an interview he said cutting public spending and implementing a public wages freeze was the way forward. He was also asked what would he have done differently during his five years in power. “One thing I would have done differently is pushing structural reforms – as we did it, for example; the taxation reform, the education reform, the reform of the pension system and many others – stronger and particularly faster and this is what I am looking forward to doing after October 4,” said Karamanlis. By contrast the man widely expected to win Sunday’s election, PASOK party leader George Papandreou is promising to spend his way out of recession. His stimulus package of up to 3 billion euros includes wage rises, taxing the rich and supporting the poor.