• Emergency tax to be collected through electricity bills • Papandreou rejects suggestions Greece could leave eurozone Greece took desperate measures last nighton Sunday to calm fears that it is on the brink of default – or might even leave the eurozone – by announcing a new property tax to plug budget shortfalls. With the debt-stricken country at serious risk of being denied an €8bn (£6.9bn) rescue loan from the EU and International Monetary Fund, Athens said that it would apply the levy immediately. “It is the only measure that can be enforced immediately and produce results quickly because it does not depend on the tax collecting mechanism,” said Evangelos Venizelos, the Greek finance minister, adding that the levy would be collected through electricity bills.