A country in the red. Social atmosphere is getting even thicker in Greece this fall. The application of the severity program, imposed by what is also known as the Troika (the IMF, the European Union and the European Central Bank), in exchange for saving the country’s economy, already greatly affected the country’s employees and pensioners (cuts to wages and pensions, removal of the 13th and 14th months, retirement age increased to 67…), not mentioning the VAT increase to 23% and the increase in many national and local taxes. While restructuring the public debt seems on the right track, all social indicators are in the red: inflation over 5%, over 2 million jobseekers and precarious workers, many SMEs shutting down…. On Thursday, October 07, civil servants are taking over mobilization, organizing a national day of strike and demonstration across the country against the continuation of the program.
nal and local taxes. While restructuring the public debt seems on the right track, all social indicators are in the red: inflation over 5%, over 2 million jobseekers and precarious workers, many SMEs shutting down…. On Thursday, October 07, civil servants are taking over mobilization, organizing a national day of strike and demonstration across the country against the continuation of the program.
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