Tax Reform
Tax reformation is one of new austerity measures that have been adopted by the Greek government with the EU supervision, which in the Economic Policy Reform 2012 report by the Organization for Economic Co-operation and Development (OECD), mentioned a few key issues regarding the reinforcement of legal measurement, tax evasion, transparency. One of the elements in tax reformation is rationalising personal income tax and eliminates a number of deductions regarding base broadening such as value added taxation. Moreover, property taxation needs to be reformed by increasing the tax, for instance housing and land. Some other case of tax reform is by combating tax evasion and enhancing tax compliance, tax administration
…show more content…
It also facilitates in developing some state-owned immovable assets and reduces government’s expenditure. Furthermore, to catch up economic growth and pursue a better and be at par with some other nation state, searching for the new economic sector, such as service for instance, financial and banking would give a Greek government a second chance and a new hope to recoup from the crisis. In addition to established privatisation process, strengthening the power, independence or effectiveness of the competition authority would be the best means to increase productivity and quality of the end effect and economic sector such as retail trade would be as an example. As mentioned in the report, administration and management routine need to be improved in order to pursue good governance, by restructuring a complexity of licensing and contract processes, for example, in the business sector, and regulating tariff in electricity and gas, reducing barriers in the supply chain such in transportation, logistic and professional service would help to establish a skilful and efficient direction.
Public Sector Reforms
Government Expenditure
In a fiscal compact reform, reducing government expenditure is a crucial part in facing the crisis. European Institute has highlighted that government operational spending need to be cut by €200 million in order to pay the debt.
Individuals and groups of a society can promote change of the status quo. Many people took action and spoke out against issues within society during the Reformation. The Reformation was a movement in the 16th century where people called out the Roman Catholic Church on its unjust teachings. These people include John Wycliffe, Geoffrey Chaucer, and Martin Luther. The Church did not approve of this criticism and aimed to eliminate those who defied the Church.
In the seventeenth century many people left Britain for America to seek new opportunities. Most of these colonies were segregated by religion. The Puritans settled in New England, while the Anglicans journeyed to Virginia. These sects had very different lifestyles and approaches as to how life should be in America. The Puritans were much more strict about their religious observance.
Growing spending and debt are undermining economic growth and may push the nation into a financial crisis in coming years. Edward then stated that the solution to these problems is to downsize every federal department by cutting the most harmful programs. This study proposes specific cuts that would reduce federal spending by almost one-quarter and balance the budget in less than a decade."
The Effects of the Reformation on European Life European society was divided from the word go, people all around Europe were dominantly Catholic before the reformation. This time was bringing change throughout Europe with a heavy influence on art and culture because the Renaissance was occurring; a religious revolution was also beginning, which was known as the Protestant Reformation. The Protestant Reformation was the voicing of disagreements by a German Catholic priest about the Catholic Church; this priest was Martin Luther and was excommunicated from the church for his actions. The Protestant Reformation helped to influence and strengthen the Renaissance that was just arising in England.
‘I entreat you, by your life, by your knees, by your parents, do not let the dogs feed on me by the ships of the Achaians… give my body to be taken home again, so that the Trojans and the wives of the Trojans may give me in death my rite of burning’ (22.338-343). This heart wrenching plea represents nearly the final words uttered by Hektor upon his death at the hands of Achilles. Hektor, who recently boasted of his martial prowess, vowing just moments before to do ‘some big thing first, that men to come shall know of it’ (22.305), is reduced to begging before his killer for the basic privilege of an honorable burial. In this moment of his famous Iliad, Homer offers a cynical reflection on human life and the social constructs mortals establish, especially the idea of the ‘heroic code’ that was so prominent during the Golden Age of Greece. Demonstrably, he implies throughout the work that since all humans are destined to die and memories have limited effect after death, the entire concept of the ‘heroic code’- and to a certain extent, conviction in worldly systems instead of personal beliefs- are pointless given the natural chaos of the world and man’s ultimate fate.
The roots of Greece’s economic problems extend deep down into the recesses of history. After the government dropped the drachma for the euro in 2001, the economy started to grow by an average of 4% annually, almost twice the European Union average. Interest rates were low, unemployment was dropping, and trade was at an all-time high. However, these promising indicators masked horrible fiscal governance, growing government debt and declining current account balances. Greece was banking on the rapid economic growth to build upwards on highly unstable foundations. In 2008, the inevitable happened – the Greek debt crisis.
Revolution and reformation; these are two words that are often identified with war, disagreement, and regional effects. While these things do indeed come along with a revolution or reformation, they heed an array of positive and secular outcomes as well. In addition, a revolution can, and usually will, cause a reformation. Conversely, a reformation can cause a revolution. This can happen despite the two things involved with the change or disagreement being seemingly unrelated. The world is connected and affected in ways that we cannot comprehend until we look at our world’s history and see how every small occurrence leads to a landslide of repercussions. The Renaissance is a prime example of this interconnectedness, as it was a time of rebirth, revolution and reformation. During the Renaissance, many changes ensued as a result of scientists, scholars and humanists who realized that they weren 't being taught or treated properly. This idea of unsatisfactory treatment as a result of the humanist spirit of the Renaissance led to the Scientific Revolution and The Protestant Reformation, movements that occurred during the Renaissance that changed life in Western Europe, and eventually the whole world, forever.
Reformation is the religious revolution that took place in Western Europe in the 16th century. It arose from objections to doctrines and practices in the medieval church, loss of papal authority and credibility as well as other societal, political and economical issues of the time. This revolution had a major impact on Europe and it gave way to short term and long-term consequences, which still can be seen today.
The renaissance and the reformation were two of the most significant changes in history that has shaped our world today. Both of these great time periods are strikingly similar in some ways and totally different in others. This is because the renaissance was a change from religion to humanism whether it is in art or literature; it is where the individual began to matter. However, the reformation was,” in a nutshell,” a way to reform the church and even more so to form the way our society is today. The first half of this paper will view the drop in faith, the economic powers, and the artistic and literary changes during the renaissance, while the second half will view the progresses and changes the church makes during the reformation.
The reformation was a drastic event in the early modern period that launched Europe into a massive conflict of widespread violence, through both political and religious factors. The political scene had remained very much the same before the beginning of the reformation in 1517, with many philosophers sharing similar ideas on how to handle the issues of sovereignty and private property. Religion was a long debated factor before the reformation however was brought inadvertently to the forefront of most political works in the early years of the Protestant Reformation. This event completely changed the way in which philosophers constructed their political discourse as seen with More and Martin Luther, who although despite being placed on
The Renaissance was a rebirth of the ideas of ancient Greece and Rome that began in the City States of Italy during the 14th century. The cultural resurgence began a new style of living in Europe after the horrors of the black death, and is seen as the beginning of the culture of the modern world. As Wassace K. Ferguson put in his book The Renaissance, the Italian artists grew tired of the darkness of Medieval Times and began to turn to the brighter times found in the classical ages (Doc 7). The Renaissance served as the evolutionary bridge between the Middle Ages and the 17th century through art, education, and religion by bringing a rebirth of the ancient Greek and Roman classics that would later define the world’s culture, while continuing the underlying beliefs of Medieval Times.
one essential conviction, expressed in the word democracy itself: that power should be in the hands of the people. Although democracy today has been slightly inefficient in this idea, with the wealthy, elite class challenging this right, “it nevertheless claims for itself a fundamental validity that no other kind of society shares….” To completely understand the structure of democracy, one must return to the roots of the practice itself, and examine the origins in ancient Greece, the expansion in the Roman Empire, and how these practices combined make what we recognize as today’s democratic government.
The Reformation was perhaps the greatest religious movement in Christ since the early church. It revived the Biblical and New Testament thoeological studies.
Although a commonly accepted view is that the hidden budget deficit in Greece is the beginning of the European sovereign debt crisis, the real causes of this economic crisis can be various. To reveal the whole event, a comprehensive review of the background is
Ever since the end of 2009, Greece has been involved in a financial and economic crisis that has been record breaking and shattered world records in terms of its severity and worldwide effects. The Greek government, since the beginning of the crisis, has attempted to take several governmental measures to try and “stop the bleeding,” including economy policy changes, dramatic government spending and budget cuts and the implementation of new taxes for citizens. In addition to this, the government has tried to alter the perceptions of Greek government and economy by the rest of the world in an effort to appear both more liberal and more democratic. Greece has also been working to privatize many previous