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Greece Spurns Lenders' Demands for Tax Increases, Income Cuts

Greece's prime minister said Tuesday that his country had rejected its international lenders' demands for tax increases and income cuts next year, arguing that such measures would be disastrous for the country in the wake of a deep economic recession. Budget talks with inspectors from the European Union and International Monetary Fund have dragged on for weeks without agreemen, leaving Athens short of time to wrap up its final bailout review by a Dec. 8 deadline and pave the way...

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