World News- Business- Greek Debt Crisis triggers tax increases

Posted By admin On 8. February 2010 @ 10:59 In business news, world news, Freedom News | No Comments

[1] Greece Debt Crisis: New Tax Announced To Help Fight Greek Budget Woes- Huffington Post

In an interview in Ta Nea newspaper, Papaconstantinou also insisted that middle- and low-income earners would pay less tax. Papaconstantinou hopes to raise nearly euro4 billion in extra taxes this year, and an additional euro1.2 billion from a crackdown on tax evasion.

European stocks rebounded Monday, a sign that some think the government debt crisis that has shaken up European Union leaders may have been overdone. The reasoning is that a default would be such a serious blow to the euro currency that the EU would organize a rescue, although EU and Greek officials insist none will be necessary.

[2] http://www.huffingtonpost.com/2010/02/08/greece-debt-crisis-new-ta_n_453167.html

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URLs in this post:
[1] Greece Debt Crisis: New Tax Announced To Help Fight Greek Budget Woes- Huffington Post: http://www.huffingtonpost.com/2010/02/08/greece-debt-crisis-new-ta_n_453167.html
[2] http://www.huffingtonpost.com/2010/02/08/greece-debt-crisis-new-ta_n_453167.html: http://www.huffingtonpost.com/2010/02/08/greece-debt-crisis-new-ta_n_453167.html

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