Italian lawmakers ponder more austerity measures

ROME - Italian lawmakers studied last-minute adjustments to the government's hotly disputed austerity package ahead of a confidence vote Wednesday, measures that aim to reduce the deficit by more than euro54 billion ($70 billion) over three years. Finance Minister Giulio Tremonti's office confirmed ...

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No cheer as Greeks pay more for drinks. The Greek government – trying to raise more money and close the budget gap – has brought in new sales taxes from September 1.