Following the day of the G20, the IMF increased income

Second day today following the G20 summit in Cannes, France. Yesterday leaders of 20 industrialized nations of the world decided to increase the power of the International Monetary Fund. So the IMF will be able to support struggling eurozone economies, such as Greece. French President Nicolas Sarkozy said the biggest talks on the first day of the G20 meeting were devoted to the Eurozone crisis. Meanwhile, Greek Prime Minister George Papandreou is expected to votëbesohet today by the government. Greek Prime Minister pointed out yesterday the cancellation of the referendum if the opposition conservative party votes in parliament to pass the rescue package. But the opposition, and some government MPs have called for Papandreou to resign. So there is a fear that he might lose the vote of confidence. Papandreou surprise decision Monday to hold a national vote, sparked turmoil in financial markets and angered his counterparts German and French. Germany, the government lovers taxes After months of discussion, the coalition between conservatives and liberals to power in Germany agreed to make a tax cuts in Germany. In two steps, in the years 2013 and 2014 will increase the amount of patatueshme for workers with low incomes and high, to be providing them with more financial space. Since 2013, the amount of patatueshme basis (minimum of existence) will increase, paying federal and Länder each about two billion euros. To mitigate the so-called "cold progression", eliminated salary increases in the case of a high degree of inflation in most of the taxes, the federation will only contribute to 2.2 billion euros, German Chancellor Angela Merkel announced.   Greece Olli: Parliament to ratify the agreement European Commissioner for Economic and Monetary Affairs Olli Rehn made an appeal to end Greek policy as soon as negotiations for the establishment of a unity government. Commissioner Olli Rehn said that "we have asked for a government of national unity and are convinced that this is the most effective way to restore confidence and to implement commitments." "We need a convincing report by the Greek finance minister, Evangelos Venizelos, Eurogroupit meeting tomorrow, the commissioner added. He stressed that Greece's current parliament must first ratify the new European plan to save the country and implement the necessary measures so that Greece can get the next tranche of the EU and the IMF. Olli Rehn stressed that Europe will not remove Greece from the Eurozone, but it is prepared for any scenario. "I do not want this, but we must be prepared for any scenario, including security and economic stability of the euro rescue," concluded Mr. Rehn.