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New Democracy spox: Government is celebrating for what it is destroying

New Democracy spox: Government is celebrating for what it is destroying

The government is celebrating for the destruction it is causing the economy through pension cuts and the reduction of the income tax threshold, New Democracy spokesman Vasilis Kikilias said on Thursday.

“In the enclosed tower of Maximos Mansion, cutting pensions and reducing the income tax threshold are reasons to celebrate. Since Mr. Tsipras is not in touch with reality, we’d like to inform him that neither people nor numbers are prospering,” he said.

In the real economy, there are 144,000 new unemployed from October 2016 to January 2017, an increase in non-performing loans totaling one billion euros in January alone, a 1.2 pct recession in the last quarter of 2016 and a 2.3-billion-euro outflow of deposits in the first two months of 2017, he added.

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