Posts Tagged ‘Austerity’

Europe’s austerity measures threaten poor – Caritas warns

Friday, December 23rd, 2011

Caritas Europe warns European nations’ that austerity measures threaten social services for the poor. “The governments’ focus on reductions in public expenditure on social security benefits and services, wage reductions and increases in tax will disproportionately impact upon the poorest in society,” the report found. “The austerity measures pursued by many countries will result in Read more

Italy’s Catholic Church open to paying property tax

Tuesday, December 13th, 2011

Italy’s Catholic Church has shifted its view and is showing a willingness to revisit its tax-exempt status on property. Criticism of the Church has grown following Premier Mario Monti’s proposal to restore a property tax on first and second homes as part of sweeping austerity measures. Ordinary Italians are being asked to make sacrifices and Read more