Author Topic: 19/01/16  (Read 1129 times)

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Offline Maik

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19/01/16
« on: Tuesday, 19 January, 2016 @ 04:16:42 »
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Half of objective values unchanged

Almost half of all Greek properties will retain the same “objective values” as they have had since 2007, according to a Finance Ministry plan that Alternate Minister Tryfon Alexiadis has already signed.
http://www.ekathimerini.com/205184/article/ekathimerini/business/half-of-objective-values-unchanged

Offline Maik

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Re: 19/01/16
« Reply #1 on: Tuesday, 19 January, 2016 @ 04:25:44 »

Offline Maik

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Re: 19/01/16
« Reply #2 on: Tuesday, 19 January, 2016 @ 13:45:00 »
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Cash Hidden Away Under Mattresses in Greece is Back in Circulation

This is the only way to explain the reappearance of bills in the largest denominations (100, 200 and 500 euro bills).

This is also an indication of the severity of liquidity constraints facing households in Greece after seven years of ongoing recession. With unemployment at 25% and over 50% for young people (15-24), wages and salaries having dropped to levels encountered in nearby Balkan nations like Bulgaria, and nearly half of pensioners receiving benefits below the poverty line, it is a wonder if the working people in Greece have any savings left.

Long live the euro, long live austerity!
http://greece.greekreporter.com/2016/01/18/cash-hidden-away-under-mattresses-in-greece-is-back-in-circulation/