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

greek film festival melbourne

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Matt Pillios named Kay & Burton’s 2025 Victorian Agent of the Year

Star real estate agent Matt Pillios has reclaimed his place at the top, being named Kay & Burton’s 2025 Victorian Agent of the Year.

Greek astronomer to present at Melbourne seminar on preserving the stars

For millennia, humanity has looked up in awe at the night sky, finding in its silent beauty a profound source of inspiration.

Historic Plaka landmark from iconic Greek film to be restored

The “Kokovikos House,” is named after the fictional couple in Giorgos Tzavellas’ bittersweet classic starring Konstantinou and Kontou.

Melbourne’s Sunday morning strollers walk, talk and keep Greek alive

On a crisp Sunday morning at Merri Creek, a group of walkers from the Sunday Morning Strollers, winds its way along the leafy green trail.

A sweet favourite: Niki Louca’s authentic baklava recipe

Niki Louca from My Greek Kitchen shares her favourite recipe for baklava with The Greek Herald.

You May Also Like

All Saints Grammar students raise money for people impacted by cancer

Student Leaders from All Saints Grammar School (ASG) in Sydney’s inner south-west have raised over $6,500 for the Cancer Council.

Greek Australian Jennifer Brankin’s film to document her son’s rare condition

Greek-Australian photojournalist Jennifer Polixenni Brankin, has kickstarted a new film to document her son's journey.

Registration deadline extended for ‘Certificate of Attainment in Greek Language’

Registration deadline for the examinations for the ‘2025 Certificate of Attainment in Greek Language’ has been extended.