Pages

Friday, June 21, 2013

Greek Deficit Falls Revenues Too

There’s good news and bad news about Greece’s crushing economic crisis. The good news is that, thanks to relentless pay cuts, tax hikes and slashed pensions, the primary deficit and debt are down. The bad news is that so are expected tax revenues as people slow spending dramatically. The Greek Finance Ministry is placing its hopes on the second half of the year for a rebound in ...

READ THE ORIGINAL POST AT www.greekherald.com