ENORMOUS INCREASE IN GREEK RENTS
Shopkeepers Must Now Pay 50 Times More LONDOX, January 3. Owners of commercial establishments in Greece will have to pay 50 times more rent now under a measure Cabinet has approved, aceording to the British United Press' Athens eorrespondent. The rents of private dwellings will he multiplied 25 times. Greek rents when Greece deehu" war were fixed at the 1940 level of the drachma, since then 'devalued 135 times in terms of the g-old sovereign, and 170 times in terms of the cost of living. Small shopkeepers in Athens announced that they would declare a 24hour general strilce to-day against the new rent regulations. Antagonists of the measure painted stones with such slogans as Want Low Rents," and "Next We Will Throw Grenades," and threw the stones through the windows of the block of flats v/here the deputy-Prime Minister, M. Stylianos Gonatas, is living.
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Rotorua Morning Post, Issue 5293, 4 January 1947, Page 5
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149ENORMOUS INCREASE IN GREEK RENTS Rotorua Morning Post, Issue 5293, 4 January 1947, Page 5
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