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New Greek Austerity Measures Tap Cafe Culture

Greeks have woken up to a new wave of price hikes that have been demanded in return for more international bailout loans, with the highest increases targeting the main ingredients of the country's cafe culture: Coffee and beer. Starting Wednesday, Greece's main sales tax rate, or value added tax, went up from 23 to 24 percent. Taxes were also raised on services used heavily by Greeks forced to cut back on leisure activities due to the financial crisis. Charges increased on...

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