Written by Kostas Stupas
1) Syriza “germ”…
A few days ago, the creation of an independent credit assessment body and the Central Credit Registry was discussed in Parliament, as contained in the various legislations of the Ministry of Finance …
The main task of the credit assessment body is to collect and evaluate preliminary information of the state and calculate the probability of default for natural and legal persons …
Any citizen or company involved in the application will be able to obtain, free of charge from the start, a credit rating with which they can apply to banks for financing…
See: Center for Human Rights. Stekoras: The possibility of creating new “red” loans is limited …
Therefore, the Greek state, unable to exclude tax evaders on welfare benefits whose annual income is more than 50 or 100 thousand euros a year, while excluding employees of 20 thousand because they cannot hide income, will advise banks to whom to give loans and to whom not …
The Greek government, famous as one of the most corrupt in Europe, where you can get a driver’s license, insurance awareness or urban planning supervision in the amount of €100, also aspires to get the role of a bank consultant …
And she sifts her husband with pramateutades, which also says like…
The Greek state once bankrupted banks with Katsili Law when it did not allow them to do their jobs when overdue debts arose. The result was to keep them for more than a decade in perpetual bankruptcy…
If the banks are left to do their job, the “red loans” will never reach 100 billion euros and will never need 2-3 consecutive recapitalizations with 20-30 billion euros of public debt to “evaporate” in a few years.
The cost of bailing out banks is much higher if you add 40 billion euros of recent government guarantees and the sale of “red loans” by banks to bad debt management companies…
If these guarantees fail, which is absolutely unlikely in light of the biggest economic crisis of the past decades, they will be added to the public debt.
I don’t really understand the state’s enthusiasm in pushing banks to increase lending at a time of unexpected economic developments.
Banks are known to be frugal because of their own standards – companies are not creditworthy.
See: Why 8 out of 10 SME loans are cut off…
The project also has a tragic comic dimension as the Greek state, which has the worst credit rating in the Eurozone, aspires to make itself the credit rating agency.
Let the private sector do its job as it knows how to take the risk of making the wrong choices.
Obsession with the executive role of the state in development is a left-wing “germ”…
2) trivial studies and more…
Good evening Mr. Stupa
Taking into account the latest economic measures of the “liberal” government in relation to the housing problem, I would like to make some observations, because irony has its limits.
According to what was announced, those with a family income of up to, among other things, 24,000 euros (+ 3,000 euros per child) and an age limit of 39 years have the right to join the low interest program!!!
The initiators of the project have been deeply involved with the aim of understanding who will eventually join the relevant programme.
Do they really believe that highly skilled public and private sector employees will rejoin, or will they rejoin occupation classes that have been systematically evading taxes for more than 30 years?
Who magically declares a family income of 20,000 – 22,000 euros each year and with this income families of four “live” by paying special tuition fees for children, have two cars, pay 500-600 euros in rent per month, go On holidays every year etc.
Do they understand that in this way the wage earner who cannot evade taxes is being systematically led, month after month, year after year, into financial ruin?
A highly qualified employee has spent at least 50,000 – 60,000 Euros to obtain a Bachelor’s and Master’s degree in Greece. This family man is 40 years old and earns a net maximum of 1,200-1,500 euros per month. So in the family, if both parents work, we go to an income of 2500-3000 euros per month, ie 30.000 – 36.000 euros per year.
Now someone will say, with these incomes there is no need for government assistance.
Reality; And does he who systematically evade and sell taxes also need a revolution?
The true minimum cost for a family of three, on average, is as follows:
500 EUR – 600 EUR (?) / Monthly rent + 150 EUR / month Electricity + 500 EUR / month Private daycare + Heating cost + Feeding cost etc.
So at least 1500 euros per month to survive … at least …
And someone will ask … why the child goes to the nursery for 500 euros per month. Why;
Because even in the coupons they give out every year, they put a limit… for income… based on tax returns (!) for the previous year…
For example in a family with one child, in order to receive an NSPA voucher, you must declare up to 27,000 euros in family income!!! Who will join this? But he who declares himself poor…
The unknown unknown…
Because we all know that with the exception of salary the rest of the tax returns are mostly sham in terms of the amount of income, so why support and reward tax evasion?
Why;
welcome
how much
“Avid problem solver. Extreme social media junkie. Beer buff. Coffee guru. Internet geek. Travel ninja.”
More Stories
“Recycling – Changing the water heater”: the possibility of paying the financing to the institution once or partially
Libya: US General Meets Haftar Amid Tensions Between Governments
New tax exemption package and incentives for business and corporate mergers..