Greece: Unions protest against budget constrained by pandemic costs

·

Labor unions led by the Greek Communist Party staged a protest during a parliamentary budget debate Thursday. 

They demand a return of wage and pension levels that were axed during three successive international bailouts.

Some 2,000 protesters gathered in front of the parliament building in central Athens as lawmakers debated the 2022 budget. 

The budget includes a proposed 2 percent minimum wage increase that would take effect on Jan. 1.

Bailouts financed by other eurozone countries and the International Monetary Fund when Greece was on the brink of bankruptcy during 2010-2018 resulted in repeated salary and pension cuts. 

The minimum wage was reduced by more than 20 percent in 2012.

About half of the decrease was restored after the bailouts ended, and the minimum currently is 758.33 euros ($857.23) on an average monthly basis.

Greek Finance Minister Christos Staikouras said despite the 6.9 percent growth forecast for this year, spending on the health service and income support during the pandemic allow for only modest increases in social spending.

Source: AP

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

From ancestral threads to contemporary art: Inside Evangeleah Plakias’ ‘Echoes of Hellenes’

At just 28, Evangeleah Plakias is presenting her work to the public for the first time through a personal exploration of Greek history.

Melbourne artist David Kaneen to hold painting exhibition in Athens

The Angelon Vima gallery in Athens is hosting a solo exhibition by Australian artist David W. Kaneen, running from March 1 to April 5, 2026.

At just six, Maya Konstantinou is shaping the conversation on Type 1 Diabetes

At just six years old, Maya Konstantinou has already faced challenges many adults struggle to comprehend; diagnosed with type 1 diabetes.

Geelong Greek community mourns business icon John Bourdamis

Greek Australian entrepreneur John Bourdamis, who immigrated to Australia in 1954 and settled permanently in Geelong in 1970, has died.

Shopkeeper recalls alleged Easey St killer Perry Kouroumblis decades before arrest

Nearly five decades after first seeing him in her Collingwood vintage store, Kate Buck says she instantly recognised Perry Kouroumblis.

You May Also Like

Giorgos Iliopoulos wins second bronze medal for Greece at World Championships

Giorgos Iliopoulos has won a second bronze medal for Greece at the World Taekwondo Cadet Championship 2023 in Sarajevo. 

Dr Alexandra Dellios awarded a Fellowship by the State Library of NSW

The State Library of New South Wales has announced its 2022 Library Fellows and among the list of exceptional people is Dr Alexandra Dellios.

Oakleigh Grammar celebrates alumni at inaugural Hall of Fame induction

Oakleigh Grammar successfully launched last week its prestigious Alumni Hall of Fame. Read more about who was inducted.