In Greece’s ongoing collapse into utter farce, The Greek finance ministry confirmed some more details of the long-planned registration of all kinds of private wealth that will go into effect in February 2017. As KeepTalkingGreece reports, more than 8,500,000 tax payers registered in Greece will be called to declare all moveable and immovable assets, their total “wealth”, and even cash they possess even if it is below 100 euro. Furthermore, the taxpayers will have to register changes in their assets when they occur and not annually.
Read the Full Article: Source – Zero HedgeRead More
Time For Truth: (Zero Hedge) – Wealth Tax Looms As Greeks Forced To Declare All 'Assets' To Tax Authority (08-2016)
Greek police have fired teargas and pepper spray at protesting pensioners after a group of them attempted to push over a police van near the office of the prime minister, Alexis Tsipras, whose leftwing government faces mounting pressure over planned austerity measures.
More than a thousand people, some of them with canes, took part in the rally in Athens on Monday. Protesters chanted: “Shame on you, shame on you!” with one group of elderly demonstrators trying to tip over the van, triggering the police response.
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Time For Truth: (The Guardian) – Greek police fire teargas at pensioners during anti-austerity protest
Greek Prime Minister Alexis Tsipras on Thursday invited the leaders of six southern EU countries to a conference in Athens on September 9, as he moves to form an alliance against the austerity-driven agenda of the bloc’s northern members, Greek media reported.
The conference, which is still being organized, will include France, Italy, Spain, Portugal, Cyprus and Malta, according to the Athens News Agency.
Summer in Greece has always provided a temporary sense of relief, as tourism receipts bring much needed revenue into the coffers of a bankrupt government. Summer also allows many Greek citizens to simply forget, for a month or two, the misery they endure while under EU rule.
This summer, Greek pensioners and state employees will most likely take to the hot Athens streets in protest, rather than enjoy their summer break by the crystal blue Aegean waters.
The month of July began for thousands of Greek retirees with drastic cuts to their pensions. The pseudo-left Syriza government is currently imposing a reform of the pension and social security systems which was adopted in May.
In a first step, they cut the social security bonus (EKAS) for pensioners retroactively from 1 June. The goal is the gradual elimination of EKAS. This reform will affect those who already only have small pensions and are dependent on the state benefit to survive.