Greek austerity measures News
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Athens -
The three coalition party leaders have reached a basic agreement on the latest round of austerity measures to present to the Troika, due back in Greece on Sunday. The measures include a reduction in the top rate of tax from 45 to 35 percent.
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Thessalon -
Thousands of Greeks mount protests at new austerity measures imposed to meet terms of the bailout provisions imposed by the Troika
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Sydney -
France and Greece have shown clearly how the public reacts to “austerity”. The maniacal targeting of the poor and total disregard for public welfare in Greece has demolished the two main parties there. France has answered austerity with venom.
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Athens -
A mobile social kitchen in Athens attempts to feed the growing number of hungry people. Placing themselves in a different square daily, they carry all their equipment by car and set up in a different location each day.
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As Greece waits to hear her fate over the next tranche of loans that will stall default, the Greek retail federation states that more than 68,000 small businesses have closed down this year, with another 53,000 closures anticipated before the year end.
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In a measure to fill the Greek coffers the Prime Minister will lose one month's salary, along with all elected officials. As they make their symbolic gesture the Greek population will endure a new property tax despite facing hard austerity measures.
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