Greece Raises Property Taxes Through the Utility Bills

Finance minister announces a fresh property tax as PM uses annual speech as rallying call

Finance Minister Evangelos Venizelos heralded fresh austerity measures over the weekend, chiefly a new property tax, a day after Prime Minister George Papandreou insisted that his government would do everything necessary to plug a gaping budget deficit and secure the next installment of emergency funding on which the country’s solvency depends.

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