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Tsakalotos: Economic shocks should not only be absorbed by salaries

The economic shocks should not be solely absorbed by the salaries, Finance Minister Euclid Tsakalotos said late on Moday stressing the importance of the appropriate tools to boost exports.

Tsakalotos was speaking at the budget and economic and monetary policy committee of the European Parliament (EP), during a debate on strengthening eurozone fiscal capacity.
According to government sources, the Greek Finance Minister underlined that it is not appropriate to discuss the imposition of sanctions on countries that have made great efforts to achieve fiscal consolidation, to the extent that this, given the Brexit, will create bigger problems than solving the existing ones.