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Greece's Fiscal Woes | Made in Germany
Posted
August 19, 2015
Views
690
Likes
10
Engagement
1.45%
August 19, 2015
690
10
1.45%
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5:13Now PlayingThe EU has put together its third bailout package for Greece. A prerequisite is the country first raising its taxes in order to raise an extra €5bn a year for the state’s coffers. Whether that goal will actually be reached is doubtful, however. The increased fiscal burden combined with at times absurd regulations is unlikely to boost the Greeks’ less-than-friendly attitude to taxation.
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