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Greece austerity measures News

Op-Ed: Economic tyranny — Wage, pension cuts while Greece burns

Sydney - Greece has passed its much-hated EU and IMF-dictated austerity package, which includes the oppressive requirement for a 22% cut to the minimum wage and pension cuts. The likely result will be a drastic lowering of the living standards of the Greeks.
In the Media by Paul Wallis - 16 comments
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Greece austerity measures Headlines

VIDEO: Can Greece take more austerity?
In Greece, the government is said to be close to agreement on new austerity measures to qualify for more bailout funds.
Greece says lender talks 'tough'
Greece holds further talks with its international lenders, as the debate on more austerity measures continues.
Greece leaders agree bailout cuts
Greece agrees to the austerity measures required to gain a new bailout hours before eurozone finance ministers are due to discuss the deal in Brussels.
Greece warns on euro membership
Greece may have to leave the euro if it does not pass austerity measures and secure its latest bailout, a government spokesperson warns.
Greece caves in on civil service layoffs

Greece's coalition government on Monday caved in to demands to cut 15,000 civil service jobs this year, amid mounting international pressure to agree on austerity measures.
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