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Greece: Some results
  • 157 Replies sorted by
  • Strikes are better than no strikes, but generally strikes are merely a tool of negotiating. Negotiations that take place with people who immorally/unfairly have the upper hand. It's slaves negotiating with their masters for a few more scraps. More, much more, is needed to achieve a morally correct society.

  • Strikes are better than no strikes, but generally strikes are merely a tool of negotiating. Negotiations that take place with people who immorally/unfairly have the upper hand

    Strike is economic tool in negotiation, as due exploitation capitalist losses greatly exceed losses of workers.

    It's slaves negotiating with their masters for a few more scraps. More, much more, is needed to achieve a morally correct society.

    Nope, not slaves, use correct words and definitions. Just workers.

    More, much more, is needed to achieve a morally correct society.

    Well, strikes and fight for agreements if you get them alone are called "economism" and live perfectly in capitalist system.

    Otherwise read smart people

    https://www.marxists.org/archive/lenin/works/1901/witbd/

  • A little light reading eh? I think that was the latest recommendation from Oprah Winfrey for her book club. Lol. (Jokes aside, thanks for the recommendation.)

  • I think that was the latest recommendation from Oprah Winfrey for her book club

    Something tells me that it is time for Oprah to become versatile in communists literature :-)

  • Lol. You see inflection points in US? Worldwide?

  • You see inflection points in US? Worldwide?

    I am materialist. I see things changing around :-)

  • Very positive @VK?

  • Constant improvement continue:

    Crucially, the disposable income of households will shrink anew due to the increase in taxation and the hikes in almost all indirect taxes and social security contributions. Hundreds of thousands of families are cutting down on their basic expenses while many have run into debt over various obligations: For example, unpaid Public Power Corporation bills now total 2.7 billion euros.

    The first three months of this year proved to be one of the worst quarters ever for the supermarket sector in Greece, as the value of sales declined by 7.8 percent from the same period in 2015.

    The drop was not the result of any drastic cut in prices, with data showing a marginal increase in this area; the real reason was the fall in demand, as sales volume posted an 8.6 percent drop compared to the first quarter of 2015. Consumers are cutting down on even the most basic of commodities, ranging from milk to washing powder.

  • Greece's jobless rate rose to 24.9 percent in January-to-March from 24.4 percent in the last year's final quarter, data from the country's statistics service showed on Thursday.

    From the beginning of 2015 to the end of the first quarter of this year, residential property prices in Greece fell 5 percent on average, against 7.4 percent in 2014.

    http://www.ekathimerini.com/209651/article/ekathimerini/business/house-price-decline-set-to-continue

  • And under the new scheme, Greeks are mandated to have registered everything they own, with taxpayers having to add moveable and immovable possessions such as paintings, antiques, jewelry, even historical weapon, etc but also the cash they have in their wallets or under the mattress.

    More improvements.

  • The majority of unemployed Greeks appear to be effectively shut out of the labor market, as only 4.3 percent of those who were jobless during the final quarter of 2015 managed to find employment this year.

    Capitalists recipes work only for exploiters and not workers.

  • They should call it VET instead of VAT for "Value Elsewhere Tax".

  • The network’s representatives estimate that, due to the 13 special or other cuts or additional contributions imposed by all governments in recent years, pensions have declined by between 20 percent and more than 50 percent.

    Even more improvements.

  • Greek home construction has fallen to a new low this year, with data seen by Kathimerini showing that only 3,286 houses were completed in the first five months of 2016, down from 3,766 houses in January-May last year (i.e. a reduction of 12.7 percent on an annual basis).

    Hellenic Statistical Authority figures have shown a 95 percent drop in the number of new houses from 2007 to the second quarter of this year.

  • Greece never had a chance. After being slaughtered by the Nazis in WWII, the socialist alternative was again crushed with massive intervention by the British and Americans. Just check out the life of Nikos Beloyannis and the history of the Greek "civil war"... and now a word from our sponser:

  • Worries are growing over the course of the local labor market, as salaried employment fell by a considerable 82,810 jobs last month, hitting a 15-year low. And this during a period when six out of the every 10 jobs created belong to the flexible-labor categories

    Out of the sum of new hirings recorded last month, the ministry announced on Thursday that 61.68 percent concerned part-time or shift work. Flexible labor was also dominant in the first 10 months of the year, accounting for 54.22 percent of new positions.

  • Increasing numbers of Greeks over the age of 45 are finding themselves at an economic impasse. One in three people who are out of work – totaling more than 347,000 individuals – belong to this age group, up from one in five in 2009, when the unemployed in this age bracket numbered just 99,000. Retiring is not an option anymore, following the increase in the age of retirement to 67 years,

    Progress.

  • Jobless rate is currently 23.6%. 71.8% of people can't find new place within one year.

    Job participation is now at 39.66%.

  • How can capitalism survive if there is nobody left who has enough money to buy all this shit the robots produce? I`am sure K. Marx has the answer.

  • Four in 10 Greek businesses (40.3 percent) consider it likely that they will have to close shop within the year, according to a survey by the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE), presented by the ANA-MPA news agency on Thursday.

    According to the survey, around 18,700 businesses will close in the first six months of the year, forcing thousands to join growing unemployment lines in the crisis-hit country.

    http://www.ekathimerini.com/217106/article/ekathimerini/business/new-survey-paints-grim-picture-of-shuttered-businesses

  • @hini

    How can capitalism survive if there is nobody left who has enough money to buy all this shit the robots produce? I`am sure K. Marx has the answer.

    Such thing happens due to socialization limit of capitalism. Robots lead to enrichment of the top. Core of issues is the same as if you provided robots to barbarian tribe and with same outcome.

  • EU and Greece reached new agreements. Main points being reducing pension spending gradually towards 2019 and in same time hike taxes focusing on people with small income.

    Some people ask about genocide. This is perfect example on how ruling class is performing classic genocide.

  • Households are constantly cutting down their purchases in order to make ends meet due to salary and pension cuts, and the ever-growing tax burden, a recent survey has shown.

    According to the study by the Marketing Laboratory of the Athens University of Economics and Business, consumers are spending almost 40 euros less a month at supermarkets this year compared to 2016.

    Average monthly household expenditure comes to 274 euros against 310 euros a year earlier, with the 13 percent decline also reflected on supermarket turnover.

    63.4 percent of Greeks saying they purchase fewer products and 45.8 percent saying they only buy the absolutely necessities.

    51 percent of brand products sold in supermarket were on special offer, up from 33.1 percent in 2009.

    http://www.ekathimerini.com/217361/article/ekathimerini/business/consumers-are-forced-to-spend-less-and-less

  • Improvements continue

    Supermarket expenditure in Greece has slumped almost 15 percent within two years, as according to data presented on Wednesday by MRB Hellas chief executive Dimitris Mavros, average monthly spending per household dropped from 280 euros in 2015 to 239 euros this year.

    A notable 36 percent of consumers also told researchers that they no longer bother to take a shopping list to the supermarket because the few items they do intend to buy are so easy to memorize. Two out of five (41.6 percent) said they are ready to cut their purchases (not including food) further, while 22.6 percent said they are even prepared to cut down further on food shopping.

    http://www.ekathimerini.com/218502/article/ekathimerini/business/supermarket-spending-down-15-pct-in-two-years

  • IAPR is waiting for Parliament to pass regulations permitting the mass confiscation of safe deposit box contents and financial assets such as securities. To date the process has been conducted in handwriting and is therefore particularly slow in locating the assets of taxpayers who have either concealed incomes or have major debts to the state.

    Once the necessary regulations are in place for the operation of an automatic system to collect debts, the tax authorities will be able to issue online confiscation notices and immediately get their hands on the contents of safe deposit boxes, confiscating cash, precious stones, jewelry and so on. They will also be able to confiscate shares and other securities.

    Methods of tax collecting become too similar to early feudalism.

    Btw, 100% of early tax collectors was gangs of bandits and rapists.