Greek MPs approve new austerity bill

“A total of 278 deputies voted. In principle, 199 deputies votes yes. Seventy-four voted no. Five abstained. The bill of the ministry of finance has been approved by a wide majority,” said Greek Parliament Speaker Philippos Petsalnikos on the early hours of Monday.

On Sunday, more than 80,000 angry protesters had gathered outside the parliament’s building in the capital of Athens as officials debated whether to approve the bill to unlock a new EUR-130-billion bailout package from the troika of the European Union, the European Central Bank, and the International Monetary Fund.

Authorities dispatched more than 6,000 police officers in Athens to stop any escalation of the violence. However, clashes erupted when the police began using teargas and stun grenades against the protesters, who responded by throwing petrol bombs.

At least 35 people were injured in the clashes. Banks, shops, and residential structures were among the buildings set on fire.

Moreover, 150 shops were reported to have been looted, including the arms outlet, where protesters allegedly seized a number of weapons.

Another 20,000 anti-austerity protesters had also held a demonstration in the northern city of Thessaloniki.

The cuts in the new bill, which were demanded by the troika in return for the bailout, include a 22-percent reduction in the minimum wage, 150,000 civil service redundancies, and a 15-percent cut in supplementary pensions.

The country implemented harsh austerity measures in return for the first bailout — an EUR-110-billion package it received in 2010.

The country has been in recession since 2009, despite the austerity cuts and the bailout funds, which are meant to stimulate growth for its troubled economy.

Greeks have been turning up on the streets for anti-government demonstrations on numerous occasions since the austerity cuts were first implemented in early 2011. Many of the rallies turned violent, leaving scores of the protesters injured.

PM/MF/AS/HN

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes