Greek Battle Looms Over Property Tax On Farmers, City Properties

“Some coalition members of Parliament who backed the budget, essentially to keep the government standing amid rising political tensions, have suggested they may break ranks over the new property tax which combines several existing levies and increases taxes on large city properties and on farmers.  After three years of tax increases and cuts to salaries and pensions — imposed in return for billions of euros in rescue aid from Greece’s so-called troika of international creditors — tolerance for austerity is wearing thin among Greeks who have seen their living standards slashed.”

http://www.nytimes.com/2013/12/07/business/international/parliament-approves-2014-budget-in-greece.html?_r=1&

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