Greece `past danger` but risks remain: PM13.01.2013

Greece has overcome the danger of an ignominious euro exit, but it must stay the course of tough reforms to avoid a "relapse", Prime Minister Antonis Samaras said Sunday, AFP reported.

"I believe the great danger (of a euro exit) has passed," Samaras said in an interview with the To Vima weekly. "Drachmaphobia seems to have receded completely."

But Samaras, whose three-party government faces another reform hurdle in parliament next week, warned the nation: "There can be no letup in our effort, because there is the risk of a relapse."

The government last week pushed through parliament a tax bill introducing new annual income thresholds for salaried taxpayers and scrapping tax breaks for the self-employed, a category blamed for a large part of the tax evasion that has plagued state finances for decades.

On Monday, it will seek approval for another round of reform legislation tied to Greece`s next slice of EU loans.

Source: Focus News

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