Relevant:
- Biggest European Banks Face $29.7 Billion Writedown on Greek Bondholdings
- IKB reports $1.6 billion 9-month loss
- L.A. council delays decision on cutting 1,000 jobs
- EU fines JPMorgan, UBS, Credit Suisse for taking part in cartels
- 40% of Greeks Slammed by New Taxes; Many Will Pay More Than Gains In Earnings
2014-01-01 — www.cbc.ca
``France's Constitutional Council gave the green light on Sunday to a 'millionaire's tax', to be levied on companies that pay salaries of more than one million euros, or about $1.4 million, a year... It was originally designed as a 75 per cent tax to be paid by high earners on the part of their incomes exceeding one million euros, but the council rejected this, saying 66 per cent was the legal maximum for individuals.''
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