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Germany to introduce a tax on air passengers

Berlin, Germany - One of the austerity measures approved by the Government to reduce public debt

Yesterday the German Government approved a four-year plan to save 80 billion euros, in order to reduce public debt, placing the deficit under 3% by 2013. Austerity plan was presented in June to resolve the economic crisis and to protect the Euro as it continued its slide (for details AVIONEWS). Despite a record second-quarter economic growth (2,2%), Chancellor Angela Merkel's cabinet established...

AVIONEWS - World Aeronautical Press Agency - 1120257
Rome, Italy, 09/02/2010 14:55
AVIONEWS - World Aeronautical Press Agency

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