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

Krama Brass Band enchants guests at Cyprus EU Presidency event in Canberra

The High Commission of the Republic of Cyprus in Australia held a cultural event on February 10 at the Hellenic Club’s main function hall.

Alphington Grammar honours Class of 2025 at Scholars Assembly

Alphington Grammar School celebrated the academic achievements of its high-performing Class of 2025 at the annual Scholars Assembly.

Ties strengthened at diplomatic reception in Perth attended by Greek Consul

Consul General Eleni Georgopoulou joined diplomatic and civic leaders at the City of Canning’s inaugural Consul Generals’ Reception.

St George Basketball launches 2026 season at vibrant Jersey Presentation Day

On Sunday, February 8, St George Basketball hosted its annual Jersey Presentation Day, officially launching the 2026 Representative season.

Melbourne to host Round 3 of the OFC Pro League

The third round of the competition will see 15 matches held across two venues in Melbourne, at The Home of the Matildas and Olympic Village.

You May Also Like

Celebrate the 113th anniversary of Lesvos’ liberation at Mytilenian House in Sydney

The Mytilenian Brotherhood of Sydney and NSW is set to celebrate the 113th Anniversary of the Liberation of the Island of Lesvos.

The Italian occupation and bombardment of Corfu

In 1923, a year after Mussolini rose to power fascist Italy revealed its expansionist ambitions in the Balkans.

Greek Community of Melbourne announces its Greece 1821 bicentenary celebrations

2021 will see the 200th Anniversary of the commencement of the Greek War of Independence and by extension, the Bicentenary of the Modern Greek...