The new property tax announced by the finance ministry of Greece over the weekend was like a knife in the chest of struggling homeowners. Now, with tax relief nowhere in sight, the government is doing a little knife twisting.
Just a few days after the tax was announced at the rate of 10 euros per square meter, the government further increased the tax rate to 16 euros. And the nifty thing about having the tax paid through the property owner’s power bill is, if the tax is not paid, then the lights get switched off. Full story here.