Thursday, July 23, 2015
GREECE TAX HIKE - Massive VAT Hike Sends Prices Soaring for Greek People & Tourists
Greece closed banks on June 29 to prevent run after second bailout ended Goods and services will become more expensive as a result of VAT rise Daily cash withdrawal limit of €60 remains in place, but weekly limit added PM Tsipras clings to power after austerity vote tears his government apart Value-added taxes on certain items and services in Greece went up on Monday from 13 percent to 23 percent, prompting confusion with shoppers and shopkeepers alike.
Restaurants, household services, taxis and ferry tickets, among other things, all now carry the higher tax rate. But when it comes to food, the new rules have people scratching their heads. souvlaki Services whose VAT also goes up from 13 per cent to 23 per cent include restaurants and cafes, funeral parlours, taxis and tutorial schools – very popular with Greek students who want to make up for the deficiencies of the school system – language institutes and computer learning centres.
It’s basically saying sell the memory of your ancestors, sell your history" Of all the aspects of Monday’s bailout deal that Greeks found humiliating, nothing drilled into their sense of pride quite like their government’s promise to sell off “valuable Greek assets” to the tune of 50 billion euros. The seven-page agreement, which European leaders thrashed out over the weekend, made no mention of where Greece is supposed to find that much property to sell. But as they scrambled for options, officials in Athens saw no way around the blood-curdling prospect of auctioning off Greek islands, nature preserves or even ancient ruins. The terms of the deal are the harshest Greece has ever faced from its creditors
Greek voters have decisively rejected the terms of an international bailout. The final result in the referendum, published by the interior ministry, was 61.3% "No", against 38.7% who voted "Yes". grexit bailin
Greek bail-in could resemble the rescue plan agreed by Cyprus in 2013, when customers’ funds were seized uninsured deposits over €100,000 Depositors can withdraw only €60 a day from bank ATM cash machines, while requests to transfer funds abroad Greek central bank. It’s crunch time for Greece as IMF debt looms and bailout ends.
Greece has stockpiled enough reserves of fuel and pharmaceutical supplies to withstand a long siege, and has set aside emergency funding to cover all the country’s vitally-needed food imports. global VAT "tax refund" tax "greek restaurant" restaurant food athens vote greece athens bank "bank account" banking supermarket cash "food storage" "emergency supplies" savings "savings account" insurance deposit greek asset investment debt europe "european union" unemployed job poverty poor collapse 2015 2016 loan funds emergency ATM "holiday money" forex euro "forex exchange" "forex trading" bonds "stock market" interest "interest rate" gold silver bullion "gold etf" "gold coin" "silver coin" apmex credit "credit card" "payday loan" bankrupt mortgage news entertainment trendy holiday tax "offshore company" "elite nwo agenda" finance economy usd survival millionaire total collapse dollar stock market bubble china jim rogers marc faber max keiser alex jones infowars gerald celente jim rogers jsnip4 rawdogletard montagraph end times prepper blood moon global reset fake gold silver george soros riots civil unrest fema camp ebt card blood moon daboo77 daboo7 dutchsinse
hyperinflation environment developing destruction of the middle class major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar. Travel Restrictions. restrictions on foreign travel, including suspension/removal of passports Confiscation of wealth. The EU has instituted the confiscation of bank accounts, assets, such as precious metals and real estate Food Shortages. Riots. These will likely happen spontaneously due to the above conditions control of the masses. Martial Law. The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA) long-term food supplies, barterable goods, monetary goods, self defense armaments and having a well thought out preparedness plan BRICS germany Feds ‘lose’ audits for Fort Knox Gold Under the Bundesbank’s new gold storage #ThisIsACoup: Germany faces backlash over tough Greece bailout demands
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