The “germ” of SYRIZA… | Capital

The “germ” of SYRIZA… | Capital
The “germ” of SYRIZA… | Capital

By Kostas Stoupas

1) The “germ” of SYRIZA…

A few days ago, the establishment of an Independent Credit Evaluation Authority and Central Credit Registry was discussed in the Parliament, as included in the multi-legislation of the Ministry of Finance…

The main task of the Credit Evaluation Authority is the collection and evaluation of primary information of the State and the calculation of the probability of payment default for natural and legal persons…

Any interested citizen or business with an application will be able to receive, free of charge from the beginning, their credit rating with which they will be able to apply to banks for financing…

See: Chr. Staikouras: The possibility of creating new “red” loans is limited…

Therefore, the Greek State, which is unable to exclude from welfare benefits tax evaders with annual incomes of more than 50 or 100 thousand euros a year, while excluding employees with 20 thousand because they cannot hide incomes, will advise the banks to whom to give loans and to whom not…

The Greek government, which is famous as one of the most corrupt in Europe, where with 100 euros you can get a driver’s license, insurance awareness, or urban planning oversights, aspires to also acquire the role of a bank advisor…

And she sifts her husband with the pramateutades, which also says a proverb…

The Greek state once bankrupted the banks with the Katseli Law when it did not let them do their jobs when overdue debts arose. The consequence was to keep them for more than a decade in a state of permanent bankruptcy…

If the banks were left to do their job, the “red loans” would never have reached 100 billion euros and they would never have needed 2-3 recapitalizations in a row with 20-30 billion euros from the Public Debt to ” evaporate” in a few years.

The cost of bailing out the banks is much higher if you add the 40 billion euros of recent government guarantees and the sale of “red loans” by the banks to the bad debt management companies…

If these guarantees fail, something not at all unlikely in view of the biggest economic crisis of the last decades, they will be added to the public debt.

I really don’t understand the state’s fervor in pushing banks to increase lending at a time of unpredictable economic developments.

It is known that the banks are frugal as by their own criteria ¾ of the companies are not creditworthy.

See: Why 8 out of 10 SME loans are cut…

The venture also has its comic-tragic 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, assuming the risk of wrong choices.

The obsession with the executive role of the state in development is a left “germ”…

2) The trivialization of studies, and more…

Good evening Mr. Stoupa,

Taking occasion from the latest economic measures of the “liberal” government concerning the housing problem, I would like to make some observations, because mockery has limits.

According to what was announced, those with a family income of, among others, up to €24,000 (+€3,000 for each child) and an age limit of 39 years have the right to join the low interest program!!!

The initiators of the project have engaged in depth with the aim of understanding who will eventually join the relevant program?

Do they really believe that highly skilled private and public sector personnel will join, or will they again join categories of professions that have been systematically evading tax for 30+ years?

Who somehow magically declare family incomes of up to €20,000-€22,000 every year and with these incomes families of four “survive” by paying special tuition for the children, have 2 cars, pay €500-€600 in rent per month, go on vacations every year etc.

Do they understand that in this way the wage earner who cannot evade taxes is systematically led, month after month, year after year, to financial ruin?

The highly qualified employee has spent at least €50,000-€60,000 for a bachelor’s and master’s degree in Greece. This family man is 40+ years old, he is paid a maximum of €1200-€1500 net per month. So in a family, if both parents work, we go to incomes of €2,500-€3,000 per month, i.e. €30,000-€36,000 per year.

Now someone will say, with these incomes there is no need for government assistance.

Truth; And does he who systematically evades and sells taxes also need a revolution?

The real, minimum cost, for a family of three, on average, is as follows:

€500-€600(?)/month rent+€150/month electricity+€500/month private daycare+heating cost+feeding cost etc.

So at least €1500 a month to survive… at least…

And someone will ask… why should the child go to daycare for €500 a month. Why;

Because even in the vouchers they give every year, they have set a limit… income… based on the tax declarations(!) of the previous year…

E.g. in a family with 1 child, in order to get a NSPA voucher, you must declare up to €27,000 in family income!!! So who will join this? But he who declares himself poor…

the known unknowns…

Because we all know that, apart from the salaried, the rest of the tax declarations, in the majority of them, are fictitious in terms of the amount of income, why should they subsidize and reward tax evasion?

Why;

Yours sincerely

KM

[email protected]

The article is in Greek

Tags: germ SYRIZA .. Capital

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