Protests erupt in Athens as parliament adopts new austerity measures

https://www.rt.com/news/342298-greece-protests-austerity-vote/

Greek MPs have voted in favor of new austerity measures, including pension cuts, tax hikes, and new taxes on internet and TV. Clashes with police broke out as thousands in Athens protested the moves that Greece’s creditors have been demanding.

Late on Sunday night, the Greek Parliament adopted controversial pension reforms set to reduce pension allowances and raise taxes, among other measures, in order to comply with EU bail-out requirements, as anti-austerity protests continued to rock Athens.

According to the Greek Reporter news site, 153 out of 300 Greek Parliament deputies voted in favor of the bill. The legislation presupposes comprehensive cuts in funding to Greece’s social security system estimated at €5.4 billion. In addition, citizens will be subject to a range of new taxes, such those on coffee and electronic cigarettes. The VAT on fuel will increase by a staggering 24 percent.

Greek citizens will already be feeling the burden of the newly-adopted fiscal measures this summer, as the five percent tax on broadband internet and ten percent on paid television are scheduled to kick in in July. Starting from January of next year, the consumption tax on coffee and electronic cigarettes will be enforced, along with a tax on tourists staying in hotels from 2 stars and up.

Although the pending measures may be highly unpopular at home, the EU commended the controversial package as a constructive step towards Greece securing its third bail-out.

“We are now at the time of the first review of the program (to aid Greece) and the objectives have been basically achieved,”European Commission president Jean-Claude Juncker told Funke Mediengruppe on Sunday.

Thousands of people had earlier gathered in front of the Greek parliament in Athens ahead of the Sunday night vote. At some point, the rally took a violent turn when protesters, supposedly from an anarchist group, started throwing flares, Molotov cocktails, stones, and other objects at the parliament building and police officers. The police responded with tear gas and flashbangs.

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tsipras..the sell out con artist..

“Greek citizens will already be feeling the burden of the newly-adopted fiscal measures this summer, as the five percent tax on broadband internet and ten percent on paid television are scheduled to kick in in July. Starting from January of next year, the consumption tax on coffee and electronic cigarettes will be enforced, along with a tax on tourists staying in hotels from 2 stars and up.”

401

~ by seeker401 on May 10, 2016.

2 Responses to “Protests erupt in Athens as parliament adopts new austerity measures”

  1. Reblogged this on HumanSinShadow.

  2. They could have left the EU and brought back the Drachma – which in the beginning would have been as cheap as dirt – millions of tourists would have flocked to the country to enjoy its newly cheap wine and sumptuous
    dining and accommodation . Their exports would have risen in demand .
    Using its assets of food wine islands and sea the country would have eventually have been flush with a rising drachma.

    This is what free market floating exchange rates were meant to do but
    those “free market ” pirates like Soros only want the free bit for their own NWO plans

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