Category Archives: value-added tax

Wir haben auch Familie

But do our Greek debtors?

But do our Greek debtors?

In return, writes Dalrymple,

for yet another pretence that its debt is performing and does not have to be written off,

Greece’s creditors are demanding that the country’s shops open for Sunday trading. Dalrymple points out that such trading is forbidden in Germany, and comments:

I have not noticed that the prohibition has had too devastating an effect on Germany’s prosperity.

Anything that Greek shops sell will moreover be subject to 23% value-added tax —

hardly an incentive to buyers.


the problem for Greeks is not that they do not have enough opportunities to buy, it is that they do not have the money with which to buy.