Greece Proposed Further Budget Cuts, Euro Rallies

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03-03-2010, 05:21 PM

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Greece Proposed Further Budget Cuts, Euro Rallies

The Greek Prime Minister George Papandreou announced new measures his country will take in order to bring down its budget deficit and assuage markets about the solvency of Greek�s sovereign debt. The measures will including spending cuts and tax increases, including higher fuel, tobacco and sales taxes. There will be...

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