Greek Can-do Mayor Bucks National Trend in Fixing City Finances

Greek Can-do Mayor Bucks National Trend in Fixing City Finances

by -
0

Greek city Thessaloniki by-Elpidoforos Papanikolopoulolos, CC70-year old Thessaloniki mayor Yannis Boutaris stands apart from the political mainstream, pulling off reforms that have so far evaded the national government during its three-year-old debt crisis.

In contrast to the rest of Greece, this sea-front city of one million is shrinking debt, cutting business taxes to help firms and paying city employees and contractors on time.

(READ the story from Reuters)

Photo by Elpidoforos Papanikolopoulos, CC

COMMENTS