"The Greek parliament has voted to adopt big budget cuts designed to lower the country's high levels of debt.Might drawing parallels with the UK not have been useful? After all that is now Greece and Ireland who have started programmes of budget cuts and yet Gordon Brown persists with his claims that cutting public expenditure now would be a dangerous and wrong thing to do.
Greece aims to shrink public debt to 9.1% of overall economic output next year, down from 12.7% this year.
To do this, it has outlined measures to cut public spending and boost revenue by cutting back on red tape.
Concerns about Greece's high level of debt have led the three main international credit ratings agencies to downgrade Greek government bonds.
Greece's public debt currently stands at 300bn euros ($428bn; £268bn). "
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