In less than two months the Greek government launched a second increase in value added tax and excise duties on fuel, alcohol and cigarettes. VAT for the basic goods from 21% increases to 23%. At the beginning of the year the VAT was 19%. 10% VAT on food products is increased to 11% and 5% increases to 5.5% for publishing and other services.
The crisis and the uncertainty in tomorrow's day forced many young Greeks to seek their happiness abroad. The Katimerini newspaper describes the life of young well educated Greeks who are submitting resumes in USA and Europe hoping to settle down in a country which will give them a more secure future.