Posts Tagged ‘cuts’

No new cuts sought for EU, IMF loans: Greek minister

MADRID (AFP) – Greek Finance Minister George Papaconstantinou insisted on Saturday that neither the EU nor the IMF has yet demanded new budget cuts or tax hikes this year in exchange for rescue loans.
“Absolutely no one has said to us that additional measures will be necessary in 2010,” Papaconstantinou told reporters after two days of [...]