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Greece In America May Newsletter

Posted On May 22, 2017

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Greece’s primary surplus hits 4.2% for 2016, outperforming 0.5% target
Greece overperformed in 2016 hitting a primary surplus of 4.2%, well above the 0.5% target, as announced by the Hellenic Statistical Authority and confirmed by the European Commission.

PM Tsipras in an opinion article in the WSJ, notes that this is the result of the progressive tax policies that have modernized Greece’s tax system and tackled corruption and tax evasion. He also explains that Greece has fulfilled its obligations, having undertaken an immense social and economic cost, and is now ready to enter a growth path by creating a fair and friendly investment environment, a stable tax environment, and incentives for investment.

“Long-term economic development is viable only through coordinated actions; however, regarding Greek debt, it is vital to proceed with decisive steps in a way that no economic cost would be incurred by EU taxpayers”, argues PM Tsipras.

 

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Creativity in Times Of Crisis:
Emerging Arts in Athens
The Embassy of Greece in Washington, D.C. and NYU Washington, DC invite you to an exciting discussion titled “Creativity in Times Of Crisis: Emerging Arts in Athens”

NYU’s Eleftheria Astrinaki will immerse us in the Athenian artistic scene and help us understand how creativity can emerge in times of crisis. The event will showcase the best examples of documentary filmmaking, photography, graffiti, dance, theater and visual arts and focus on the social and political dimension of artistic work.

The event is part of the “European Month of Culture” program.

Read more here:
http://mailchi.mp/emb-greece/greece-in-america-newsletter-may-2017?e=55c770a7b1