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Sharp reductions in public spending

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Amanpour CNN
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Other programs?
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Greece
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The current financial crisis in Greece
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What actions does Greece need to take now?
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Greece needs to reduce budget deficit to 3.5% GDP by 2012
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How can the Greek budget deficit be reduced?
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Sharp reductions in public spending
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Greece has cut top-ups on civil servant wages
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Greece has introduced a wage freeze
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Greek government is moving towards pension reform
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Vicious circle of fiscal adjustment during recession deepens recession
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Sharp increase in taxation
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Sharp reduction in tax evasion
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