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Pressure on Greece escalates as EU leaders meet to avert crisis

From telegraph.co.uk

In Athens, Evangelos Venizelos, the country's new finance minister, said the changes included a raft of new taxes designed to plug a €5.5bn (£4.87bn) gap in the internationally-imposed austerity programme. The Greek government had struggled to close a black hole in the austerity plan, and the new measures will face a key vote in the Greek parliament next week. In Brussels, Europe’s political leaders will gather again today to discuss plans to avert the eurozone’s first ever default, which could be just days away. The leaders urged Greece’s politicians and people to unite behind a €28.4bn programme of tax rises, ... (full story)

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