Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Monday, December 05, 2011

EU Recession



France and Germany are heading for the same financial solutions as the US - cut spending and raise taxes to reduce the deficit. Germany is in better shape than France. The weaker EU countries; Portugal, Spain, Greece, Italy are heading into recession with Greece and Italy leading the way. For the expanded story, see;
http://www.theaustralian.com.au/business/in-depth/eurozone-third-quarter-gdp-suggests-bloc-is-sliding-into-recession/story-fnawdwo8-1226196247746