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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Greece: Largest firms to be hit with tax surcharge

Posted by WARREN MOSLER on November 3rd, 2009


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tightening up—not good.

NEWS FROM GREECE: LARGEST FIRMS TO BE HIT WITH TAX SURCHARGE
*GREECE ONE-TIME COMPANY CHARGE ON 2008 PROFITS
*GREECE TO IMPOSE 10% CHARGE ON COMPANIES WITH OVER 25 MLN PRFIT
*GREECE PLANS TO RAISE EU870 MLN FROM COMPANY ONE-TIME CHARGE
*GREECE TO IMPOSE 7% CHARGE ON COMPANIES WITH PROFIT 10-25MLN
*GREECE TO IMPOSE 5% CHARGE ON COMPANIES WITH PROFIT 5MLN -10MLN
*GREECE TO FINANCE SOLIDARITY PAYMENT WITH ONE-OFF MEASURES
*GREECE’S PAPACONSTANTINOU SPEAKS IN ATHENS
*GREECE TO IMPOSE ONE-OFF CHARGE ON 300 BIGGEST COMPANIES
*GREEK FINANCE MINISTER SPEAKS TO REPORTERS IN ATHENS
*GREECE PLANS TO PAY EU1BLN IN SOLIDARITY PAYMENT TO 2.5 MLN
*GREECE PLANS ONE-OFF MEASURES TO RAISE FUNDS


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