Struggling Greece reveals fresh budget cuts

Greece unveiled fresh spending cuts of more than €4.5bn today which it hopes will buy more time to find a way out of its economic mess.

Wed, 03 Mar, 2010 - 13:12

Greece unveiled fresh spending cuts of more than €4.5bn today which it hopes will buy more time to find a way out of its economic mess.

Plans include increasing VAT to 21% and reducing bonuses for civil servants.

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