“Pension tax” of 1‰ on every transaction over 1,000 euros

“Pension tax” of 1‰ on every transaction over 1,000 euros

Athens, December 28, 2015/Independent Balkan News Agency

By Olga Mavrou

Greek government is considering of introducing one more tax: a 1‰ tax on transactions that exceed 1,000 euros. This is a some way “plan B” of the ministry of social security if the lenders do not accept the other “pension rescue” measure, of rising the monthly insurance contribution of employees and employers by 1%. The Greek Government is fighting to rescue the pensions of already or to be pensioners, but at the same time the representatives of the lenders are quite opposite to SYRIZA’s plans and they insist on major cuts.

The government stresses the fact (or rather the promise) that if this tax is to be imposed, transactions of smaller amounts will not be affected.