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

Archbishop Makarios of Australia condemns Bondi Beach terror attack

His Eminence Archbishop Makarios of Australia has condemned the terrorist attack at Bondi Beach in Sydney.

Greek court rules against journalist in defamation case involving Archbishop Makarios

The Greek Orthodox Archdiocese of Australia announced the Tripartite Court of Appeal of Thrace (civil procedure) issued its judgment.

Greek Australian leaders voice solidarity with Jewish community after Bondi shooting

In the aftermath of the Bondi Beach shooting during Hanukkah, Greek Australians have expressed their solidarity with Jewish Australians.

Sixteen killed in father-and-son terror attack at Bondi Beach Hanukkah festival

Sixteen people, including a gunman, are dead following what police have declared a terrorist attack on a Jewish festival at Bondi Beach.

Australian woman injured and dog killed in hit-and-run in Heraklion

An Australian woman was injured and one of her dogs killed after being struck by a motorcycle in a hit-and-run incident in Heraklion.

You May Also Like

St George Basketball celebrates historic Senior Presentation Night

St George Basketball Association marked a major milestone with its Senior Presentation Night, held for the first time as a stand-alone event.

Westpac moves to reclaim funds linked to Bill Papas’ Forum Group fraud

Westpac has taken another step in its pursuit to recover part of the $500 million stolen by Bill Papas and his Forum Group companies.

Effy Alexakis officially launches her ‘Forty Photographs: A Year at a Time’ exhibition

Effy Alexakis has officially launched her exhibition, Forty Photographs: A Year at a Time, at the N. Smith Gallery in Paddington.