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Greek parliament approves austerity measures, preventing first Euro zone default

Wednesday, June 29th 2011 - 16:42 UTC
Full article 5 comments

Greece's parliament approved early Wednesday deeply unpopular austerity measures despite worsening violence, in a vote vital toward securing international funds and preventing the Euro zone's first sovereign default. Read full article

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  • briton

    poor greece
    but alas, corruption has its limits,
    and the poor pay the price,
    [according to TV, the rich pay no taxes ?????

    Jun 29th, 2011 - 07:11 pm - Link - Report abuse 0
  • MarkWhelan

    In that case Brasil will be in BIG trouble.

    Jun 29th, 2011 - 09:50 pm - Link - Report abuse 0
  • ElaineB

    @1 The rich not paying taxes was one of the key elements that led to the collapse of the Argentine economy. Obviously not the only key issue but a contributing factor.

    As I say many times, tackling tax avoidance by the rich in all countries should be a priority of the tax authorities. I remember Mark Steel once wrote that 'chasing benefit cheats rather than the rich tax dodgers was like letting the Great Train Robbers go whilst arresting a single fair dodger in the second carriage of the train. ' He said it more eloquently, but you get the drift.

    Jun 29th, 2011 - 11:20 pm - Link - Report abuse 0
  • briton

    yes i do.
    some things never change ?

    Jun 30th, 2011 - 12:17 am - Link - Report abuse 0
  • Fido Dido

    http://www.businessinsider.com/the-wealthiest-greeks-2010-5#george-gerardos-1

    Its not only because of tax evasion that this happened. You clowns should better that the banks (foreign+domestic) with the crooks in the government who never represented the greek people had plans to rip off the people from the begin since the introduction of the Europe with greatest weapons of mass destruction, called Credit default swaps (Financial terrorism)..that's what it is. As I typed here before, the greek government has decided to keep bond holders (who are broke, aka zombie banks as I typed here many times) above than their own people that suppose to suffer from a debt that is created from THIN air. Do you clowns understand that? It seems not. Greece is done, next:Ireland, Portugal, Spain, Italy, and for some kool aid drinkers here who think that they won't be attacked by those thieves, the UK. the US is biggest price for them who is also on the list. Everything what happened in the past in the so called third world is now happening in front of our eyes in the so called western world. Banksters have no nationality, it's all about the money. First they keep you sweet then they blow you up.

    Jun 30th, 2011 - 01:09 am - Link - Report abuse 0

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