Page 771 - Pensions News Today

Promising. so they increase vat on certain things. you mentioned a couple of them there. but mostly restaurant 23% increase on vat in restaurants. we will see also increases in electricity, books and many other areas. now, one other key area there that was a major red line which was abolishing lower rates vat, special rate to island. what they are saying now is the rich island most popular tourist island, they will get rid of that. no need for that they say, but poorer island will keep that vat....

Our panel. syndicated columnist george will. julie pace white house correspondent for the associated press and jason riley, columnist with the "wall street journal." george. >> it is to say no more dischord ant to simultaneously say the army is going to be substantially cut and that the biggest threat we face is from a european land mass nation russia dismembering another nation in the middle of the european land mass. so thats odd. but what were really beginning to talk about now, and the gentl...

Cnns isa soares is in athens. isa, this sounds like something the greeks were against a week ago. >> reporter: it does look like austerity plan. it is an austerity plan. it is the same plan that the greek prime minister tsipras put to his people. 61% of the people say no. you were quite right. more austerity measures here. a lot of greeks see it this morning will be spitting feathers if i can be honest with you. there are more spending cuts. 13 billion euro of spending cuts. tax increases right ...

Know they asked for a three-year bailout. reports suggest anything around 50 billion euros. thats how much the imf said was needed for greece to survive economically as well as needing debt relief. we know they asked for debt relief. in terms of the stick points between them. i broke them down so viewers get a sense of the friction. first of all retirement age, europe has been asking greece to raise the retirement age from 62 to 67. greece said we have cut our pensions further and many people ar...

All this other stuff maybe you could be the disconnected. you cant now. when i go on the road you all go with he. its not like new jersey leaves me. im in iowa new hampshire, south carolina. you guys are are asking me about something here. its not like are i can ever leave. >> joining me now one of the architects of the bill to force christie to step down senator loretta weinberg. your response to the governor calling it nonsense? >> its worth a discussion for a variety of reasons. we have the s...

Are -- have been depressed for a while now here. that brings me to greece. greece wants everybody else to pay their bills and what do you say? >> its the same entitlement culture you see with the people saying we deserve more. in greece they borrow money from people, dont pay it back. and then get mad at the people who lent them money. >> who want them to impose discipline on their spending. what about the old people in greece who are getting pensions and now their pensions are going to be cut? ...

To accept deflationary measures and cuts in wages and pensions. >> reporter: tsiprass first compromise since replacing his finance minister hated by the e.u. with a more diplomatic man who attended his first euro group meeting today. greek officials still managed to roughly feathers too, reportingly arriving in brussels with no new firm debt bailout proposal. what greece is said to be discussing is a bridge loan of several billion dollars to cover the countrys costs until a longer-term deal migh...

Christie to step down, senator loretta weinberg. your response to the governor calling it nonsense? >> its worth a discussion for a variety of reasons. we have the strongest chief executive, the strongest office of gov author of, i believe, any state in the united states under our constitution. you cannot govern new jersey by cell phone . we have pay juror problems here whether we are talking about underfunded pensions, depleted transportation trust fund, the fact that we have a higher unemploym...

Her from behind and threw her to the payment and a young man will be paid 55,000 theres because he was illegally arrested while shooting video of the police actions. none of that will come out of the paychecks or pensions of the officers involved in that illegal arrest. none of them will be paid anything. none of these victims would be paid a dime if it -- were not for the heroic protesters there who continued to video police activity, knowing the police might beat them and arrest them for exerc...

They want their big pensions but they want the european union to pay for them. i wouldnt. i would say hey have a goods time down there i will see you. i am not paying you any more. we are not lending you anymore. bye-bye. you would do what? >> i would do the same and i think europe is going to do the same. they wont do it quite as bluntly but, you know, the greeks want to live off. >> everybody else. >> hard working northern europeans and you can do that for a while. do that through two bailouts...