Europe
4:00 am
Tue September 27, 2011

Greek Parliament Weighs Property Tax Amid Protests

The Greek government hopes to pass a new tax law in Parliament on Tuesday, despite wide opposition to the move by a Greek public already suffering under a policy of strict austerity. Ministers say the new property tax, which would be added to people's electricity bills, is needed to persuade the IMF and EU to release more bailout funds to prop up the Greek economy.