Greece – Government Closes Net On Private Sector

In a further step towards total government and bank control on the economy, a “law” has now been passed which forces people to use bank products namely Visa/Maestro/Mastercard debit cards.

Government takeover of private sector continues. the Greek government is now saying it has the right to control transactions between private individuals through the use of bank products.

The latest step is to force all transactions over 1500 Euro to be done with a bank debit card.

You can only assume this is the thin end of a very big wedge. Expect the limit to slowly be ratcheted down until all purchases are required to be done electronically.

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