Economy

Threat of ‘wealth tax’ on holiday homes

      Britons who own homes in Spain and other troubled eurozone states could face a new “wealth tax” to help fund future bail-outs, influential German economists have suggested. Senior advisers to Chancellor Angela Merkel are pushing for better-off households to pay towards the cost of any future bail-outs for the weaker members of the […]

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Portugal Prime Minister: More Cuts Coming

Portugal’s prime minister warned the nation to brace for even harder times after a court ruling that will force steep spending cuts.

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