Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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Greece’s prime minister said Monday his government will do “whatever it takes” to completely eradicate the extreme-right Golden Dawn party, whose neo-Nazi leaders have just been arrested. Antonis Samaras said the Greek people “are very smart” and are now seeing the party for what ...
The controversy over Greece’s shock shutdown of state broadcaster ERT took a comic twist this week when the government set up a court-ordered rival channel, airing stock footage swiftly dismissed as second-rate by viewers. The new public channel was initially called EDT (Hellenic Public ...
Since the Greek government abruptly pulled the plug on state broadcaster ERT, the sprawling TV complex has turned into a unique experiment in self-rule, where staff are working for free but with more passion than ever. Under pressure from its international creditors to cut ...
Had Greece quickly written down its debt burden by two-thirds in the first half of 2010, it could have gotten its economy moving again in no more than a year.