September 25, 2011

AS WELFARE STATE COLLAPSES, GREEKS SUFFER AND FEAR FUTURE: “Sitting in the modest living room of the home she shares with her parents, husband and two teenage children, Stella Firigou fretted about how the family would cope with the uncertainties of an economy crashing all around them. But she was adamant about one thing: she would not pay a new property tax that was the centerpiece of a new austerity package announced this month by the Greek government. . . . Critics say the country has failed to adequately crack down on tax evasion among the wealthiest segments of society — and failed to carry out more focused cuts because it is reluctant to take on some public-sector unions that protect a small, powerful cadre of workers who have deep ties to the governing Socialist Party.”

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