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The government has its objectives. tax exceptions that will act as incentives for private insurance, said the Minister of Development and Investment, Adonis Georgiadis in Web conference of the Association of Insurance Companies of Greece in: “Insurance Industry: The Challenge of the Next Day”.
Mr. Georgiadis stressed that the pandemic has canceled it. government economic planningBut issues such as the imposition of fiscal incentives for property insurance against natural disasters and the development of the second pillar of insurance will be implemented during the government’s mandate.
The union president, Alexandros Sarrigeorgiou, focused his speech on the need to implement government commitment to impose tax incentives on home insurance and asked that the pandemic not be the occasion to forget previous promises to the industry.
In addition to the president of EAEE, the president of the Athens Chamber of Commerce, Giannis Chatzitheodosiou, and the representative of insurance intermediaries, Dimitris Gavalakis, also called for tax incentives for life insurance. incentives for private insurance But it cannot implement them immediately to the extent that this objective goes against the country’s fiscal commitments.
Bank of Greece Governor Giannis Stournaras also participated in the discussion, alleging that banks may borrow an additional € 15 billion this year, increasing their credit expansion and boost the economy. In terms of GDP He noted that to date we have no reason to rule out a positive scenario. Predicts a recession of 4% -5% for this year.
At the same time, Stournaras emphasized that the pandemic proved it. private insurance deficit in the Greek economy, adding that the government should accelerate reforms, including the capital part of the insurance system.
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