November 8, 2011 | having difficulty Viewing this email? view THE online version

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Juncker Urges Greece To Commit To Austerity Deal

Luxembourg's Prime Minister and head of eurozone finance ministers Jean-Claude Juncker has called for Greece's new government to pledge its commitment in writing to the bailout deal agreed with eurozone leaders at the end of October, to secure release of the next tranche of international aid by mid-December.
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France Unveils Second Austerity Package

Determined to consolidate its fiscal path and to achieve its deficit reduction objectives, in the context of a slowdown in global growth, the French government has unveiled details of a second wave of austerity measures, which include tax and expenditure decisions.
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Germany Unites On 2013 Tax Cut Package

Following weeks of debate and intense speculation, leaders of Germany's coalition government have finally united on plans to reduce by EUR6bn (USD8.25bn) the tax burden on low- and middle-income earners in Germany from 2013.
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Noonan Unveils Irish Fiscal Plans

No further substantive changes will be made to income tax in Ireland over the coming year, but this will mean that other taxes will have to rise for the government to deliver the revenue increases necessary to help drive down the budgetary deficit.
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Japanese Car Makers Look For Lower Car Taxes

The Japan Automobile Manufacturers Association organized a press conference recently, together with automobile manufacturers, trade unions and dealer representatives, to request the government to come to the industry's aid by reducing car taxation in the country.
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EU Report Describes Doha Benefits

new study from the European Commission reveals that the economic benefits arising from successful Doha Development Agenda negotiations in the World Trade Organization could amount to an increase in world exports of USD359bn on an annual basis from a deal that secures the liberalization of industrial goods, agriculture, services and from the removal of red tape.
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