Greece cuts budget, EU welcomes new steps (AFP) PDF Print E-mail
Wednesday, 03 March 2010 14:56

A man looks at 'half-price' offers in a shop window in Athens. Greece has frozen pensions and raised a string of taxes to cut spending by 4.8 billion euros in a frantic bid to persuade its EU partners and the markets that it can dodge bankruptcy.(AFP/File/Louisa Gouliamaki)AFP - Greece froze pensions and raised a string of taxes to save 4.8 billion euros on Wednesday in a last ditch bid to persuade its EU partners and the markets that it can avoid bankruptcy.


Source: Yahoo! News: Top Stories

 

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