It's just unbelievable! Will it ever end? This is worse than the previous plan. Greece is about to explode and these bankers don't care. They rule, and power takes what it wants.
Changes to the plan, negotiated with European and I.M.F. officials Thursday, are certain to make it even less popular among Greek citizens.
The new austerity program will now include a one-time levy on personal income ranging from 1 to 5 percent, depending on income.
Meanwhile, the tax-free threshold on income will be lowered to 8,000 euros a year from 12,000 euros, with the lowest rate set at 10 percent — but with exemptions for people up to 30 years old, pensioners older than 65 and the disabled. There will also be an annual levy of 300 euros on the self-employed.
http://www.nytimes.com/2011/06/25/world/europe/25iht-union25.html
