As the scale of the Greek national debt becomes apparent, the need for money has fuelled an intense debate over Greek property taxes and the battle lines between Church and State have been drawn. The Church is the largest property owner in Greece and the government believes that it has enjoyed tax-exemption for long enough and that it should pay its dues. The Orthodox hierarchy, of course, have dug their feet in the sand and stated that they are simply going to refuse to pay the one off windfall tax.
As the new government attempts to make sense of the mess left by the outgoing administration, a belligerent Georges Papandreou laid down his vision for the future. As Greeks listened, waiting for a sign of optimism and hope, the new Prime Minister shared his vision for tackling the real economic problems faced by this small country.
More on Government, Taxes and Illegal Homes – Concerns for Greek Luxury Property Investors
