Greeks Squeezed For 7B Euros In Taxes

With expected tax revenues far off expectations because of the effect of austerity measures, Greek taxpayers are being pushed to come up with 7 billion euros ($9.13 billion) in tax payments due this year at the same time the government is withholding tax refunds they are due in a desperate bid to backfill a more than 2.2 billion euros ($2.87 billion) budget hole. Expected income took another hit ...

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