Despite Depression, Greece Forced To Hike VAT, Add New Taxes
Submitted by Michael Shedlock via MishTalk.com,
Greece remains in an economic depression interrupted by a few quarters of anemic growth.
Hiking taxes in a depression is one of the stupidest thing one can do, but Greece is set for another vote to do just that.
Prime minister Alexis Tsipras is once again prepared to kiss German Chancellor Angela Merkel’s behind, and his party will likely go along for the ride.