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Honestly I don't think this plan is doable in the time frame. Even going the simple tax credit route may not be easy since they don't control the banks (At least I remember threatening noises from the ECB on them changing out management). What does that leave us with? Paper?
Whatever they try they need to keep tax collection as a permanent threat so 100 instalment payment plans and tax spies.
Also I think they underestimated ECB unreasonableness.
by generic on Fri Mar 13th, 2015 at 09:23:46 AM EST
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I don't think they underestimated it. They have studies from London lawyers and even Citigroup on the ECBs responsibilities vis-a-vis the Bank of Greece. This is part of any contentious Grexit scenario. One might even say they are counting on the ECB's unreasonableness.
by Upstate NY on Fri Mar 13th, 2015 at 09:31:14 AM EST
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