Italian lawmakers ponder more austerity measures

Italian lawmakers studied last-minute adjustments Wednesday to the government's hotly disputed austerity package, changes that Italian media reported aim to reduce the deficit by more than euro54 billion ($70 billion) over three years. Senate budget committee officials said they couldn't immediately ...

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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.