Monday, June 27, 2011

Most Greeks acknowledge...

....the need for Prime Minister George Papandreou to raise taxes and take other austerity measures rather than let the country default on its debt, according to an opinion poll.

Fifty percent of 1,014 people polled by Marc SA for Ethnos newspaper said the government must implement and also renegotiate the terms of Papandreou's proposal to boost revenue and cut public spending by a combined 78 billion euros ($112billion) over the next five years. An additional 21.6 percent said the government should take the austerity steps without renegotiating them. Nearly 23 percent said the prime
minister's package should be rejected even at the risk of default.

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