Eurozone crisis rolls on; Greece expand top tax bracket in urgent deficit-cutting drive
Greece readies tax change to fight crisis ATHENS, Greece — Hopes that that Greece won’t be allowed to default on its crushing debt load weighed against fears the country’s crisis would spread through the 16-country euro zone, as the government worked Monday on a tax overhaul aimed at getting its deficit under control. Portuguese vote against austerity plan to intensify market worries over Europe’s debt crisis
Europe’s debt crisis intensifies BRUSSELS — Fears of another crisis spiral for the world economy deepened Friday after the Portuguese parliament defeated a government austerity plan, triggering renewed concern that the financial crisis in that country and in Greece could spread through the euro zone and spill across its borders. Greek farmers scale back protest, easing pressure on crisis-plagued government
Greek farmers scale back protest ATHENS, Greece — Prime Minister George Papandreou got a measure of relief Friday in his fight to curb Greece’s runaway deficit, as protesting farmers scaled back highway blockades in opposition to the government’s austerity measures. Greek customs, tax officials strike over austerity program aimed at fixing debt crisis
Greek strike deepens debt crisis fears ATHENS, Greece — Strikes in Greece and political wrangling in Portugal fed Europe’s government debt crisis on Thursday, amid concerns that leaders in Athens and Lisbon would not be able to push through unpopular austerity programs to tame their ballooning deficits. Greek customs, tax officials start 48-hour strike over austerity program
Greek customs, tax officials on strike ATHENS, Greece — Greek customs and tax officials walked off the job for 48 hours Thursday, in the first strike against a government austerity program designed to lift Greece out of a debt crisis that has shaken the entire European Union. Constant change in Greek tax law confuses businesses, discouraging compliance and investment
Ever-changing Greek tax system a factor in crisis Buzz on bailout as Greece, EU try to quash rumors, point to planned reforms
Greece, others, move to quash rumors about bailout Greek Fin Min says country not seeking aid to pull debt-ridden economy out of crisis
Greece not seeking aid to plug debt hole ATHENS, Greece — Greece is not seeking aid to pull its debt-ridden economy out of its worst fiscal crisis in decades, the finance minister said Thursday. Greece approves economic recovery plan, pledges to cut deficit to 2 percent in 2013
Greece pledges to cut spending, boost revenues EU says Greece deliberately misreported some public debt statistics
EU stats office: Greek economy figures unreliable Greek parliament passes austerity budget amid debt crisis
Greece passes austerity budget amid debt crisis Greece promises to overhaul tax system by early March to boost flagging revenues
Embattled Greece to overhaul tax system ATHENS, Greece — Greek Finance Minister George Papaconstantinou on Friday said the country’s tax system will be overhauled by early March to broaden the tax base, boost revenues and fight tax evasion as part of efforts to pull Greece out of an economic crisis. Greece’s Socialists seek opposition backing on deficit plan
Greek PM seeks opposition backing on deficit plan Greek prime minister says country risks sinking in debt, has lost credibility
Greek premier says country risks sinking in debt Greek prime minister to announce measures to shake up debt-riddled government finances
Greek PM to announce economic crisis plan ATHENS, Greece — Greece’s new government readied plans Monday to pull the country out of its worst debt crisis in decades and boost confidence in its shaky finance with measures expected to include a crackdown on rampant tax evasion. A look at economic developments and activity in major stock markets around the world |