1. Sales taxes: Lenders are insisting that Greece raise additional revenue by hiking taxes on electricity, medication and food. They expect this will help the country raise an extra 1.8 billion euros ($2 billion) each year.
The Greek government has other plans. It plans to raise sales tax on food, hotels and various luxury purchases starting in October. But it refuses to hike taxes on medication and electricity. In fact, Greece wants to lower prices for medication and electricity.