Greece's conservative-led government can't lower taxes before the public deficit falls further, the prime minister said Thursday, but he pledged to eventually slash the corporate tax rate to a flat 15 percent.Antonis Samaras made the promise at a meeting in Athens with Irish Prime Minister Enda Kenny, whose country holds the European Union's rotating presidency.Greece has imposed a series of emergency taxes and spending cuts in exchange for international bailout loans, but the measures hurt economic growth and caused a surge in unemployment and poverty.Samaras described Ireland as a model for Greece in repairing its public finances."We will follow the exactly the same successful example set by Ireland — both for the EU presidency and an exit from the crisis," Samaras said."It has been my stated aim for years now that I want a unified rate, a flat-rate tax of 15 percent. As we reach our targets that moment draws closer."Corporate profits are currently taxed at a minimum of 26 percent.Ke...
FBN’s Charlie Gasparino on the Greece debt crisis and its impact on Wall Street.
Henk Potts, Barclays Wealth Global Investment strategy director, weighs in on the ongoing debt crisis in Europe , including the EU, ECB and IMF inspectors in Greece pushing for financial reform.
Greece's Minister of State Haris Pamboukis and Tsakos Energy Navigation CFO Paul Durham discuss the reasons Greece ’s economy is ready to rebound.
RAB Capital Global Portfolio Strategist Marshall Auerback on how Greece's bailout impacts investing strategies.
Peter Zeihan, VP of analysis at Stratfor, breaks down the latest from Greece and offers his thoughts on a potential European "contagion" effect.
Larry Kantor of Barclays Capital on the debt situation in Greece and member nations of the EU.
FBN's Liz MacDonald on the comparisons between Greece and Lehman Brothers.
Greece's conservative-led coalition government said Monday it will use emergency powers to prevent teachers from disrupting university entrance exams as part of thei...
Adam Connors of CK Cooper & Co. and Norm Mindel of Forum Financial on saving Greece from its financial crisis.
Citi Senior Advisor William Rhodes on how to fix the debt crisis Greece faces?
Spotlight Ideas managing partner Stephen Pope weighs in on the Greek economy.
LSE Director of Private Clients Elissa Bayer on Greece ’s debt crisis and the impact on the rest of Europe .
Nobel Prize Winning Economist Michael Spence on why Greece can’t solve its debt crisis on its own without a default or restructuring.
Charles Schwab Chief Investment Strategist Liz Ann Sonders on the impact of Greece on Europe and the U.S.
Bryn Mawr Trust chief investment officer Ernie Cecilia gives his outlook for the markets.
FBN’s Liz MacDonald on the downgrade of Greece and Portugal ’s credit rating.
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An atheist lawmaker's decision to give the daily prayer at the Arizona House of Representatives triggered a do-over from a Christian lawmaker who said the previous d...