Greek Leftist Challenges Europe on Austerity - NYTimes.com

Greek Leftist Challenges Europe on Austerity - NYTimes.com:

 "Measures imposed by the troika, including a 22 percent reduction to the minimum monthly wage of 751 euros, or about $930, and the abolition of collective labor contracts, would be revoked, Mr. Tsipras said. And a moratorium would be imposed on the repayment of Greece’s debt and interest payments until growth is restored. He pledged to stabilize public spending at 43 percent of gross domestic product — below the euro zone average of 46 percent but above the 37 percent demanded by creditors — to raise revenue by taxing the wealthy, to abolish dozens of tax breaks, and to scale back the value-added tax, which falls disproportionately on the poor. “We must stop taxing poverty in this country and start taxing the wealthy who evade tax,” he said."

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