Sunday, July 19, 2015

Greece: More taxes and open the banks – Vasterbotten Courier

The Greek banks are set to launch operations again on Monday. They have kept closed for three weeks, which is estimated to have cost the country’s economy three billion euros.

In addition, waiting for a new round of tax increases will mean higher prices for a range of goods and services. Everything from sugar and cocoa to condoms and funerals will be subject to a tax of 23 percent, up from the previous 13 percent.

These measures are part of the tough reform package that Greece must agree to get new help from lenders.

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