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austerity

Greek Government Sees 'End of the Tunnel' for Austerity

At a cabinet meeting, held behind closed doors on Wednesday, ministers agreed on the main legislative initiatives to be implemented in the next few weeks, but there was no word when the government plans to test the waters in...

Poll: 4 in 10 Greeks Believe Tsipras Brought the Worst Austerity Measures

Four in 10 Greeks believe that the Alexis Tsipras government has brought on the worst austerity measures, according to a poll by the University of Macedonia. Conducted on behalf of Skai television, the survey shows that the majority of Greeks...

Greek Coalition Voted the Austerity Measures Amid Strong Reactions in and out of House

The SYRIZA-ANEL coalition on Thursday night voted for the harsh austerity measures required by Greece's creditors amid strong reactions from the opposition and thousands protesting outside the House. All 153 lawmakers of the two ruling parties voted for the measures...

Nationwide Strike in Greece While Parties Clash over Austerity Measures in Parliament

A nationwide strike has paralyzed Greece on Wednesday, while in parliament government and opposition parties have started a heated discussion over the new austerity measures tabled for voting. Train, bus, ferry and airline services are disrupted while private and public...

Public Entities, Unions React Strongly to Greek Gov't Austerity Measures

The reaction of public entities and unions to the new austerity measures the Greek government is trying to pass was expressed with strong language in the House at the discussion of the new omnibus bill. Phrases like "You conned us!",...

Greeks Called Upon to Pay €4.5 Bln in New Austerity Measures

Greek taxpayers and pensioners are called upon to pay over 4.5 billion euros after the reduction of the tax-free income and pension cuts in order for the government to close bailout program review. Specifically, the lowering of the tax-free threshold...

Anti-Austerity Government Celebrates Austerity Measures

Alexis Tsipras and his cabinet always find something to celebrate. From unfinished highways and under-equipped hospitals they inaugurate with aplomb worthy of banana republic dictators, to paltry handouts to pensioners after they had them drained with pension cuts. Oblivious...

New Austerity Measures for Greece Include Pension Cuts, Lower Tax-Free Income

The Greek government on Tuesday agreed with international creditors on new austerity measures in order to close the second review of the bailout program, which also paves the way for talks on debt easing. According to sources close to the...

Thousands Across Greece Protest Against New Austerity Measures

Τhousands of people gathered in Athens and major cities across Greece on Friday to protest against the new round of austerity measures that the Greek government agreed on. Five hours before the protest organized by PAME, a Greek Communist Party...

Two Years of SYRIZA Administration for Greece Means Two Years of Stagnation

As Alexis Tsipras and his administration celebrate two years in power today, one wonders where Greece would have been if it wasn't for these two years of procrastination, austerity and deepening recession. And shameless lies, too many to list. On...