Riots are a very common phenomenon in Greece of the economic crisis... but what will happen if Syriza party wins the upcoming elections?
Syriza plans include the taxation of the rich and the disarming of the riot police! See below some exclusive images of Greek riots against the government of Syriza!
The managing director of the IMF believes that the Greek parents have to take responsibility if their children are being affected by the austerity program.
"Parents have to pay their tax," she says.
The proposals came after the Greek Government's request for technical assistance in view of the tax reforms, and the specialists of the IMF found out many interesting ways on blowing up everything that has left from our economy!
More specifically, as reported by protothema.gr the IMF suggests:
- transfer of all goods and services from 6.5% to 13%. The IMF report proposes "abolition of the minimum rate of 6.5% which includes only hotels, medicines, books, magazines and theater tickets. This measure could generate about 360 million euros
- imposition of single VAT rate 19% -21% on all goods and services (other than hotels and tour packages that may be subject to a reduced 9% or 11%). This represents an increase from 13% to 19% or 21% VAT burdening food, medicines, electricity, water and gas bills, public transport tickets, taxi fares, medical visits and examinations, medical care etc.
The Canadian journalist Declan Hill visited Greece and experienced the demonstrations and the reality in Greece of the economic crisis. The reported then returned at his country and wanted to write about his experiences in Greece. Read below some of the most interesting parts of his article:
"Almost everything you thought you knew about the current situation in Greece is wrong"
Concerning the large demonstrations that occurred in Greece during last summer from the Greek Indignants, he stated:
"There was a festive air: food sellers amid grandmothers, students singing and lots of street theatre performances. It was unlike any of the images that I had seen; there was no stone throwing, no tear-gas or water cannon attacks. I may have been lucky but there was a wide spectrum of ordinary people marching in the demonstration. The usual suspects were there, of course: the anarchists, the Communists and the general drop-a-hat-see-me-protest lot. But there was also a broad range of others: nurses, farmers, doctors, actors and teachers"
A further reduction of incomes awaits Greek citizens from January 1st 2012. The implementation of the increased deduction attributable to the reduction of tax exemption at 5,000 euros begins. I addition there will be the deduction of special contribution by employees and retirees with annual incomes above 12,000 euros and 31 - 12-2014.
The Ministry of Finance Mr. Kapeleris send today the circulars for the tax deduction and special contribution. The implementation of the new measures will lead to reductions in monthly incomes ( 30 euros for a private sector employee with a monthly salary of 1,000 euros)!
Do not forget of course, the special contribution for the current year which we will receive shortly and can be paid in six installments....
Unemployed people with even only one working day in 2011 are required to pay the special contribution of solidarity and even with the increase of 1% per month!
As mentioned in "Eleftherotypia", thousands of unemployed who had applied for exemption from the special contribution of solidarity, will not considered as 'jobless' since the law does not recognize a person as unemployed if prior to their inclusion in the Employment Service, had even an one day income!!!
The relevant notes of rejected applications for exemption will be received by the citizens soon... with the surcharge from August.
The charges are related to 1.2 million euros of unpaid taxes for the time period of January to October 2011.
Costas Giannikos was taken to the 10th regular magistrate, but he asked for time extension in order to apologize tomorrow Wednesday.
Mr. Raichenmpach during his interview for the newspaper "ETHNOS" states clearly:
"The action plan is agreed since May 2011 by the Greek authorities"
On the other hand, the Greek government in July 2011 was supporting that this was a new term of the EU in order to release the fifth installment of the loan!
Raichenmpach' s statements follow the uncovering of a secret agreement between Mr. Papandreou and Dominique Strauss-Kahn in 2009, in order to put the country in the IMF just after he wins the elections!
Mr. Venizelos stated that "the new budget could under certain conditions to begin the reversal of the country's path to primary surplus".
The basic provisions of the new budget are:
The deficit is expected to reach 5.4% of GDP
The decrease in the amount of interest can reach 5 billion euros (cash basis) in 2012 and 13.6billion until 2014.
The budget revenues will increase by 4.56% to 59.184 billion euros (from 54.673 in 2011) and the expenditures will decrease to 72.557 from 77.632 billion in 2011
The symbolic shut-down lasted 4 hours and was described as a move against a controversial property tax.
Greek Government uses electricity bills to impose an emergency property tax to homeowners. In addition, the public Power Corporation was ordered to cut off power to consumers that do not pay the tax.
GENOP president Nikos Fotopoulos stated that “The state owes to DEH over 141 million euro and nobody cuts off the power. It’s not fair that we are forced to cut off the electricity to those unable to pay the tax”
An electronic "bug" declines income of 1,5 bil € by the finance ministry, although the cash supplies in Greece are almost out. In the mean time, the upcoming tranche of 8 billion € will not arrive earlier than mid-November.
Meetings take place today in the finance ministry to discover a quick way to solve the issue and mail out tax clearance statements of "special contribution" to more than 3 million taxpayers. The ministry expects to gather a minimum of 1bil euro until the end of October (since the lowest amount is defined at 300 €).