Divisions Remain as Eurozone Finance Ministers Meet Over Greece Deal

Posted by Wall Street Journal

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Screen Shot 2015-06-24 at 4.33.55 AM

Screen Shot 2015-06-24 at 4.33.55 AMGreece at June 24, 2015 6:53 a.m. ET

Uncertainty sparked an outflow of deposits from its banks that reached about €1 billion per day late last week before slowing Monday.

 Key points of disagreement are corporate taxation, the overhaul of Greece’s pension system and value-added taxes. For instance, Greece had planned to increase corporate taxes to 29%, but in the document creditors limited the increase to 28%.

That may cause new budget shortfalls that need to be plugged with other measures.

….Updated June 24, 2015 6:53 a.m. ET, read more of the Wall Street Journal article HERE