Greece Debt Crisis: New Tax Announced To Help Fight Greek Budget Woes
February 8th, 2010
| Tags: airplane flight, government debt, tax evasion
The 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.
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