THESSALONIKI, Greece, Sept 11 (Reuters) - Greece will speed up tax relief for corporations and lower the tax rate on retained earnings to 20 from 24 percent in 2011 instead of in 2014, the country's prime minister said on Saturday.
'We are giving a boost to businesses that are trying to survive, accelerating the reduction of retained earnings tax,' according to a speech by Prime Minister George Papandreou, due to be delivered later on Saturday.
(Reporting by George Georgiopoulos) Keywords: GREECE PM/ (george.georgiopoulos@reuters.com; +30210 3311813; Reuters Messaging:george.georgiopoulos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'We are giving a boost to businesses that are trying to survive, accelerating the reduction of retained earnings tax,' according to a speech by Prime Minister George Papandreou, due to be delivered later on Saturday.
(Reporting by George Georgiopoulos) Keywords: GREECE PM/ (george.georgiopoulos@reuters.com; +30210 3311813; Reuters Messaging:george.georgiopoulos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.