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George Osborne is considering cutting the 50p top rate of income tax in next week's Budget, the BBC understands.
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Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.
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Prime Minister David Cameron will discuss the Budget with the chancellor and other senior ministers on Friday.
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Greece is to receive loans worth more than 130bn euros (�110bn; $170bn).
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There is speculation the tax on earnings over �150,000 could be reduced to a 45p rate or scrapped entirely in return for tax cuts for low earners.
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In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020 and accept an "enhanced and permanent" presence of EU monitors to oversee economic management.
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Labour leader Ed Miliband said it was the "wrong priority" and money should be spent on jobs for young people.
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Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.
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The coalition's "quad" of top ministers, Conservatives Mr Cameron and Mr Osborne and Lib Dems Nick Clegg and Danny Alexander are discussing the Budget by telephone on Friday.
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After five straight years of recession, Greece's debt currently amounts to more than 160% of its Gross Domestic Product.
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Temporary tax
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All budget decisions will have been made by the end of Friday so that the details can be sent to the Office for Budget Responsibility.
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The euro immediately rose on reports of the deal, which was announced early on Tuesday, after 13 hours of talks.
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Repayment takes priority
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The government-appointed body will use these tax and spending decisions to make its economic forecasts.
+
The deal also means that private holders of Greek debt will take losses of 53.5% on the value of their bonds.
 +
 
 +
When all the elements of the exchange are accounted for, the loss to investors is expected to be as much as 70%.
 +
 
 +
Eurozone leaders and the IMF said in October that Greek debt should be reduced to a more sustainable level of 120% of GDP by 2020.
Continue reading the main story
Continue reading the main story
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�Start Quote
+
Analysis
 +
image of Mark Lowen Mark Lowen BBC News, Athens
 +
 
 +
This is in effect uncharted territory for the eurozone - a managed Greek default, with over 50% of the country's private debt being written off. This was not even being considered as an option several months ago.
 +
 
 +
But the Greek people will be sceptical about this bailout. The deal that has been agreed will mean more austerity and spending cuts, and even more pain for Greeks. Many will be concerned that the new measures will kill off prospects of growth and lock the country into a spiral of recession.
-
    For a chancellor sometimes likened to a submarine - George Osborne has never been timid about deploying a torpedo�
+
Greeks say that the country's middle classes who have worked hard and pay their taxes are, unfairly, bearing the brunt of a crisis they did not create. They feel Greece's notorious corrupt politicans and wealthy Greeks who evaded tax are to blame.
-
image of Ben Wright Ben Wright Political correspondent, BBC News
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The deal provides for the presence of EU monitors of Greece's economic management as some members doubt Greece's commitment to its spending pledges.
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    Is Osborne planning a 50p tax surprise?
+
Within the next two months, Greece will also have to pass legislation giving priority to debt repayments over the funding of government services.
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The 50% income tax rate was introduced by the previous Labour government in 2010, to help pay for declining government revenues during the recession.
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== nike heels for women x6Hk3Jm ==
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Mr Osborne has always said it was a temporary measure and has asked officials to assess how much extra it is raising.
+
rling's Night Gallery" entitled "The Flip-Side of Satan <strong>nike heels for women</strong>."<br><br>Laugh-In<br><br>Johnson is best known for his work on Rowan Martin's Laugh-In, an American television series (1967-1973), on which he played various characters including "Wolfgang", a smoking World War II German soldier scouting the show from behind a bush (still fighting the war) invariably commenting on the preceding sketch with the catchphrase "Very interesting." followed by either a comic observation or misinterpretation, or simply "but stupid!" Johnson indicated later that the phrase came from Desperate Journey, a 1942 World War II film with Errol Flynn and Ronald Reagan playing Royal Air Force pilots shot down in Nazi Germany; they managed to cross much of the country without speaking German or knowing the territory but <strong>jordan high heels</strong>, when captured, their Nazi interrogator doubts their story with the phrase.†[2] Johnson reprised the role while voicing the Nazi-inspired character Virman Vunderbarr on an episode of Justice League Unlimited.[3]<br><br>His other iconic Laugh-In character was "Tyrone F. Horneigh" (the last name pronounced "horn-eye" - a "clean" variant of the vulgar term "horny"), the white-haired, trenchcoat-wearing "dirty old man" who repeatedly sought to seduce "Gladys Ormphby" (Ruth Buzzi's brown-clad 'spinster' character) on a park bench. Tyrone would enter the scene, muttering a song (usually "In the Merry, Merry Month of May" <strong>air force one shoes</strong>,) and, spying Gladys on the bench <strong>nike high heels</strong>, would sit next to her. He would ask two related 'leading questions,' each earning him a hard whack from a shocked Gladys using her purse. His third statement would be an appeal for medical assistance, at which time he would fall off the bench.<br><br>Referring to an only moderately popular candy made from caramel and walnuts, Tyrone would also frequently ask Gladys, "How about a Walnetto?"<br><br>Years after Laugh-In ended its run, the two characters were made into an animated Saturday-morning children's show, Baggy Pants and the Nitwits with Tyrone as a helpful, muttering 'superhero.'[4]<br><br>Arte and his brother, Cos, earned their Emmy Awards while working on Rowan and Martin's Laugh-In.<br><br>Later work<br><br>In 1974 <strong>jordan heels for women</strong>, Johnson appeared in the first season of the Detroit-produced children's show Hot Fudge. He also appeared in 1974 as a celebrity guest panelist (for one week) on the game show "Match Game."<br><br>In<br><br> 1976, he voiced the animated cartoon character "Misterjaw", a blue German-accented shark (with a bow tie and top hat) who liked to leap out of the water and shout "HEEGotcha!" or "Gotcha!" at unsuspecting folks on The Pink Panther Laugh and a Half Hour and a Half Show <strong>air force one low</strong>.[5] He also voiced the character Rhubarb on The Houndcats.<br><br>Later in 1977 <strong>cheap air force ones</strong>, he hosted the NBC game show Knockout. Instead of being introduced by the announcer (John Harlan), he would always start the show with a small monologue, then would introduce today's contestants.<br><br>In 1979 he played Renfield, the comic sidekick of George Hamilton's Dracula, in the surprise box office smash Lov
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Related articles:
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  <li>?f=22&t=150</li>
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Current revision as of 03:45, 18 March 2013

Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.

Greece is to receive loans worth more than 130bn euros (�110bn; $170bn).

In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020 and accept an "enhanced and permanent" presence of EU monitors to oversee economic management.

Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.

After five straight years of recession, Greece's debt currently amounts to more than 160% of its Gross Domestic Product.

The euro immediately rose on reports of the deal, which was announced early on Tuesday, after 13 hours of talks. Repayment takes priority

The deal also means that private holders of Greek debt will take losses of 53.5% on the value of their bonds.

When all the elements of the exchange are accounted for, the loss to investors is expected to be as much as 70%.

Eurozone leaders and the IMF said in October that Greek debt should be reduced to a more sustainable level of 120% of GDP by 2020. Continue reading the main story Analysis image of Mark Lowen Mark Lowen BBC News, Athens

This is in effect uncharted territory for the eurozone - a managed Greek default, with over 50% of the country's private debt being written off. This was not even being considered as an option several months ago.

But the Greek people will be sceptical about this bailout. The deal that has been agreed will mean more austerity and spending cuts, and even more pain for Greeks. Many will be concerned that the new measures will kill off prospects of growth and lock the country into a spiral of recession.

Greeks say that the country's middle classes who have worked hard and pay their taxes are, unfairly, bearing the brunt of a crisis they did not create. They feel Greece's notorious corrupt politicans and wealthy Greeks who evaded tax are to blame.

The deal provides for the presence of EU monitors of Greece's economic management as some members doubt Greece's commitment to its spending pledges.

Within the next two months, Greece will also have to pass legislation giving priority to debt repayments over the funding of government services.

[edit] nike heels for women x6Hk3Jm

rling's Night Gallery" entitled "The Flip-Side of Satan nike heels for women."

Laugh-In

Johnson is best known for his work on Rowan Martin's Laugh-In, an American television series (1967-1973), on which he played various characters including "Wolfgang", a smoking World War II German soldier scouting the show from behind a bush (still fighting the war) invariably commenting on the preceding sketch with the catchphrase "Very interesting." followed by either a comic observation or misinterpretation, or simply "but stupid!" Johnson indicated later that the phrase came from Desperate Journey, a 1942 World War II film with Errol Flynn and Ronald Reagan playing Royal Air Force pilots shot down in Nazi Germany; they managed to cross much of the country without speaking German or knowing the territory but jordan high heels, when captured, their Nazi interrogator doubts their story with the phrase.†[2] Johnson reprised the role while voicing the Nazi-inspired character Virman Vunderbarr on an episode of Justice League Unlimited.[3]

His other iconic Laugh-In character was "Tyrone F. Horneigh" (the last name pronounced "horn-eye" - a "clean" variant of the vulgar term "horny"), the white-haired, trenchcoat-wearing "dirty old man" who repeatedly sought to seduce "Gladys Ormphby" (Ruth Buzzi's brown-clad 'spinster' character) on a park bench. Tyrone would enter the scene, muttering a song (usually "In the Merry, Merry Month of May" air force one shoes,) and, spying Gladys on the bench nike high heels, would sit next to her. He would ask two related 'leading questions,' each earning him a hard whack from a shocked Gladys using her purse. His third statement would be an appeal for medical assistance, at which time he would fall off the bench.

Referring to an only moderately popular candy made from caramel and walnuts, Tyrone would also frequently ask Gladys, "How about a Walnetto?"

Years after Laugh-In ended its run, the two characters were made into an animated Saturday-morning children's show, Baggy Pants and the Nitwits with Tyrone as a helpful, muttering 'superhero.'[4]

Arte and his brother, Cos, earned their Emmy Awards while working on Rowan and Martin's Laugh-In.

Later work

In 1974 jordan heels for women, Johnson appeared in the first season of the Detroit-produced children's show Hot Fudge. He also appeared in 1974 as a celebrity guest panelist (for one week) on the game show "Match Game."

In

1976, he voiced the animated cartoon character "Misterjaw", a blue German-accented shark (with a bow tie and top hat) who liked to leap out of the water and shout "HEEGotcha!" or "Gotcha!" at unsuspecting folks on The Pink Panther Laugh and a Half Hour and a Half Show air force one low.[5] He also voiced the character Rhubarb on The Houndcats.

Later in 1977 cheap air force ones, he hosted the NBC game show Knockout. Instead of being introduced by the announcer (John Harlan), he would always start the show with a small monologue, then would introduce today's contestants.

In 1979 he played Renfield, the comic sidekick of George Hamilton's Dracula, in the surprise box office smash Lov Related articles:

  • ?f=22&t=150
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