The greater use of cards was one of the factors that had already achieved significant increases in VAT collection in 2016. The IMF and eurozone nations had demanded tough economic reforms in return for the money ahead of a looming deadline on Greece's debt repayment. [14] He was charged for breaching privacy laws with sentences of up to two years in prison,[15] but he was immediately found not guilty in trial. [50][51] The new bill included provisions for the rise of various taxes[52] and changes in the retirement system. It included provisions about Greek economic policy during the four next years, under the title Medium-term Fiscal Strategy plan 2015-2018.
[57][58], The fourteenth austerity package passed on 18 May 2017 by 153 votes in favour to 128 against. remarked one appalled BBC journalist, before observing: "You do not measure a people's ability to survive in percentages of Gross Domestic Product.
Above all, ship owners benefit from dozens of tax exemptions. And yes, certainly I will contribute with any comments I may have in the future. The authors of the report note that the reasons for Greece's good performance were the implementation of regulatory reforms in the following three areas: 1) It "reduced the time required to obtain a construction permit by introducing strict time limits for processing permit applications at the municipality". With friends and family coming for summer holidays we want to be able to negotiate our way around the strikes. Failure to do so will show him as the opportunist that he is. When that happens, I will write another article and link it.
Χάνουν τα δώρα συνταξιούχοι κάτω των 60 ετών, Καταργούνται δώρα-επιδόματα των βουλευτών, Πως θα υπολογιστεί η έκτακτη εισφορά στις επιχειρήσεις, Ειδικός φόρος 20% στις τηλεοπτικές διαφημίσεις, Greece’s new austerity measures to qualify for bailout, Τέλος και για 15.000 ανύπαντρες «κληρονόμους» συντάξεων. d) Most people don’t want their hardships distributed around the world and archived for eternity.
“Timeline: Key dates Greece’s debt crisis” — Reuters, You know, that doesn’t sound too terribly bad to me…ciao.
[17] On 30 October the Greek prosecutors received a testimony from the former head of the Financial Crimes Unit (SDOE), Yiannis Kapeleris, that former finance minister Giorgos Papakonstantinou (serving the office from October 2009 until June 2011) never asked him to carry out a detailed investigation into the Lagarde list, and after he had reported the first 10 cases of irregularities to Papakonstantinou he was never instructed to continue searching for other irregular cases nor to open up detailed investigations. — With three children: Can retire at age 50 in 2011, age 55 in 2012 and age 60 in 2013. “Λυπητερή για 50.000 «έχοντες»” — Ta Nea “Greeks hit by new wave of austerity” — Reuters “Τα νέα όρια συνταξιοδότησης” — Ta Nea [87], In June the previous year, at the time of the Greek parliaments approval of the fourth austerity package, an independent United Nations official had cautioned that this additional package of austerity in Greece could potentially pose a violation of human rights, if it were implemented without careful consideration to the population's need for "food, water, adequate housing and work under fair and equitable conditions". Nice article, been to Rethymnon last week and there is much confusion about this. The day before, three people and an unborn child were killed after hooded youth firebombed Marfin Bank. The list also contains the names of officials in the finance ministry. “Tougher pension reform unveiled” — Kathimerini And this notion of “dora” (gifts) of money for public sector employees? Creditors attributed the increased need for fiscal tightening to the Greek government's inability/unwillingness to implement the needed economic structural reforms, while the government viewed the recession as the result of the austerity measures. "[82] The social effects of the austerity measures on the Greek population have been severe, as well as on poor and needy foreign immigrants, with some Greek citizens turning to NGOs for healthcare treatment[83] and having to give up children for adoption. Anyone who can’t read Greek must depend on translators, which may not help with terminology.
• Online ad tax of 21.5 percent to fund online journalists not covered by a fund thanks to a loophole (withdrawn), √ • New withholding tax applies from May 1, 2010 on both private and public sector salaries. If you want a dedicated look into the life of someone affected by austerity, I’m afraid this will be more difficult for a few reasons: As of August 2011, there has been talk of revoking this measure because it didn’t raise the revenue expected and is hurting several industries. MPs threatened to walk out when one member proposed they also cut their salaries in a gesture of equality and empathy with citizens. “Χάνουν τα δώρα συνταξιούχοι κάτω των 60 ετών” — Eleftherotypia The Greek government-debt crisis is one of a number of current European sovereign-debt crises. Those who didn’t pay are now facing possible jail time as of August 1, 2011. “Αναδρομικά από 1η Μαΐου οι αλλαγές σε μισθούς και συντάξεις” — Eleftherotypia Thank you. ευρώ ετησίως στις συντάξεις με διαφορικές εξισώσεις, Αναδρομικά από 1η Μαΐου οι αλλαγές σε μισθούς και συντάξεις, Περισσότερες απολύσεις – λιγότερες αποζημιώσεις, Στο «απόσπασμα» οι γυναίκες (Changes pertaining to women), Unwed daughters catch time bomb in pension overhaul, Factbox: Greece prepares pension overhaul, Greece Sends Pension Overhaul to Parliament as Strike Looms, EC threatens to sue Greece for not opening closed professions by July 7, Συμφωνία για αυξήσεις κόντρα στο μνημόνιο, Greek crisis background links | G20 Breakdown, http://forum.justfortheloveofit.org/viewtopic.php?f=123&t=7452&start=10, 2. It’s fairly easy to see how the average person in Greece is affected through stats, such as: Salaries slashed 20 percent, taxes raised three times in less than a year, 600 people lose their jobs every day, 99 percent of businessmen in Greece ready to emigrate, young people leaving in droves, 800,000 people are unemployed but only 200,000 collect benefits, pension funds are borrowing millions, 176,000 businesses will shut down by end of 2011 at current rate. A first part of the multi-bill was voted on 31 October and concerned the privatisations. After a dramatic parliamentary debate, Greek politicians have approved draconian austerity measures aimed at unlocking €120bn (£102bn) of emergency loans deemed crucial for the debt-stricken country to avoid insolvency. Sorry if I didn’t understand properly about learning the Greek language, but I would recommend interested readers look into the Free Economy website as I rather think with the way the economy is going, we could all offer assistance to others with any skills we may have, and at the same time look for help and assistance all for free! The more or less is a reflection of how I am personally able to keep up with what is going on in Greece, considering my Greek is not good enough to understand (say for example) the news on TV or read daily newspapers. As being aware of the big picture, just take a stroll down some of the leafier suburbs commercial districts. The first set of new austerity package was voted by Greek parliament on 16 July 2015. — 2901-3200: 8 percent It was met with a nationwide general strike and massive protests the following day, during which three people were killed, dozens injured, and 107 arrested.[38]. You want to empower local businesses so they grow, and create more jobs, generate more in taxes, and allow you to reduce the spending public sector by shifting employment. Charitable foundations that used to fund educational programmes have taken a big hit themselves in their bank deposits and have now shifted to paying for soup kitchens on the streets of Athens. • Merge Greece’s 13 pension funds into three unified funds by 2018 for salaried workers, farmers and self-employed; public sector workers will be integrated into IKA by 2013. “Συμφωνία για αυξήσεις κόντρα στο μνημόνιο” — Ta Nea If you do not understand what ‘doro’ means, read “Christmas doro” which explains that these are not bonuses, gifts or extra salaries.
Effective July 1, 2011.
Where known, I added a checkmark (√) for items completed.
All reductions in salaries, benefits and allowances apply to members of Parliament, government officials and civil servants. [66] According to an IMF official, austerity measures have helped Greece bring down its primary deficit before interest payments, from €24.7bn (10.6% of GDP) in 2009 to just €5.2bn (2.4% of GDP) in 2011,[67][68] but as a side-effect they also contributed to a worsening of the Greek recession, which began in October 2008 and only became worse in 2010 and 2011. Probably Profit withe a strong new currency. — In private sector: To 55 (not 50) in 2011, age 60 in 2012 and age 65 in 2013.
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