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Greece: Banks withhold social dividend!

The finance ministry said that first batch of the dividend, an amount of €133.2m, had been transferred to the bank accounts of 205,912 citizens whose applications had been approved by May 3. The average payment was €647 per household.”

Entitled to the dividend are those on low-incomes, who are unemployed or certain self-employed professionals who have seen their work dry up. The dividend starts from €500 per beneficiary and may exceed €1,000 in the case of large families. The deadline for electronic applications, which takes 2012 incomes into account, is the end of June.”

Although the law prohibits the banks from seizing the dividend payment to pay off debts, on Friday there were reports that some institutions were withholding the money from beneficiaries.


Banksters ruined the last attempt of the government to win euro elections, or not? Another probable risky trick by the Greek government concerning disorientation operations. Let us guess: The dividend will probably be given after the "heroic" move of government officials against banks to show that above all are the people and gain votes for the euro elections.

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