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Old 29-06-2015, 16:03   #1689
Osem
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Re: Eurozone will collapse...

Quote:
Originally Posted by Carlos Carboni View Post
Most salaries and all pensions are deposited to the bank, taxed at source.
I was only referring to all those who've been choosing to take cash only in payment e.g. restaurateurs, tradesmen etc. The more people/businesses choosing to do this, the less tax is going to wind up in the govt's coffers. Yes they'll have money that money to spend but are likely to stick as much as they can under their mattresses for a rainy day I'd have thought so it's a double whammy.

---------- Post added at 14:54 ---------- Previous post was at 14:52 ----------

Quote:
Originally Posted by nomadking View Post
Apparently if the Greek Government had done what has been asked of them for the past five years, then they would be in a much better state and perhaps seeing improvements. Instead they have been pig headed and wanting to get away with as much as possible. Ireland and Spain did what was needed to be done and are now in a better position as a result.
It seems they've become well used to getting away with being lax about borrowing, paying tax, overly generous pensions etc. for many years and now the chickens are coming home to roost in a major way.

---------- Post added at 15:03 ---------- Previous post was at 14:54 ----------

Quote:
The European Commission chief, Jean-Claude Juncker, has said he feels "betrayed" by the "egotism" shown by Greece in failed debt talks.

He told a news conference that Greek proposals were "delayed" or "deliberately altered" and the Greek people "should be told the truth", but the door was still open to talks.
http://www.bbc.co.uk/news/world-europe-33311240

It's all looking like the run up to a very messy divorce.
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