“The cash-strapped nation got a short-term loan from European creditors to pay more than 6 billion euros ($6.5 billion) owed to the International Monetary Fund and the European Central Bank. But for most Greeks, already buffeted by six years of recession, Monday was all about rising prices as tax hikes demanded by creditors took effect. There are few parts of the Greek economy left untouched by the steep increase in the sales tax from 13 to 23 percent. strict controls on cash flows, including a ban on check-cashing and payments abroad as well as limits on cash withdrawals, remained in effect. New rules permit the withdrawal of up to 420 euros a week.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
New Zealand becomes home to global tech industry
McCain, Graham express optimism on Obama Syria plan
The IRS wants to tax your illegal income
Governments threatening teens for cutting grass without a business license
Europe’s Richer Regions Want Out
Dollar-Less Iranians Discover Virtual Currency
Chinese Way of Doing Business: In Cash We Trust
New Year Rings in Sales Tax for Amazon Shoppers in Three States
Cyprus stock market woos Chinese listings
Cop Tasers 10-Year-Old Boy After Refusing To Clean His Patrol Car
DEF CON hacker conference tells Feds not to attend
We're a year into the unofficial war against Isis with nothing to show for it
Nevada Recluse Found Dead With $7 Million In Gold Bars, Coins In Garage
Diamond Jeweler Turns Alleged Smuggler as India Gold Prices Rise
In one Florida county, nicotine is a banned drug