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.
Read the Full Article: Source – The GuardianRead More
Time For Truth: (The Guardian) – Greek police fire teargas at pensioners during anti-austerity protest
Police teams searching for missing toddler Ben Needham on the Greek island of Kos have said they are “optimistic” about new excavation work.
Ben, from Sheffield, was 21 months old when he disappeared on 24 July 1991 during a family holiday.
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Time For Truth: (BBC News) – Ben Needham search: Police 'optimistic' as new Kos dig starts
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.
The summer of 2016 turns out to be another summer of discontent for Greek pensioners and wage earners who see their incomes slashed, as a new round of austerity begins after the imposition of the new bailout program measures.
It was exactly the same time last year (June 28) when Greeks found that the banks were closed and capital controls were imposed, continuing through today. This year, the end of June found wage earners and pensioners fuming or despairing in front of the ATM when they saw that their bank balances where lower than anticipated. And for hundreds of thousands of pensioners, the amounts were significantly less, even 48 percent lower in some cases.