Sunday, February 14, 2010

Greece outlaws ALL CASH transactions over 1500 Euros

Greece wants to stomp on the underground economy.

"From 1. Jan. 2011, every transaction above 1,500 euros between natural persons and businesses, or between businesses, will not be considered legal if it is done in cash. Transactions will have to be done through debit or credit cards"


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Palmoni said...

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He's been right on gold though, and he has a nice daily newsletter.

I'll post some of his work next week

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