UP

Greek MPs vote in favor of new controversial reforms

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto
Greek MPs vote in favor of new controversial reforms

The Greek government approved additional austerity measures early Friday with 153 MPs voting in favor of the move.

Axar.az reports citing Anadolu.

Prime Minister Alexis Tsipras supported the controversial bill that sparked outrage when it was introduced May 15 in the 300-member parliament.

Protests followed and public sector workers, including transport employees, seamen, hospital doctors and air traffic controllers engaged in a 48-hour work stoppage.

Tsipras lobbied for the bill’s passage just prior to the vote, telling opposition leaders the measures would help Greece free itself of financial constraints.

"The review is concluding and after seven whole years we are heading toward a comprehensive agreement to extricate the country from the memorandums,” he told lawmakers following a heated debate. “We are passing to a positive agenda for the country and society.”

Tsipras promised in 2015 to end memorandums and austerity but has now paved the way for additional pension cuts and cutbacks for Greek households in the coming years.

“Our homeland is turned into an austerity colony without an end,” New Democracy leader Kyriakos Mitsotakis said, adding that Greece is “living a nightmare which is the result of both Tsipras’ and Kammenos’ decisions”. The opposition leader went on to say that “Greece would have been a normal Eurozone country today if its path had not been interrupted”.

The new measures will bring addition pension cuts in 2019 and usher in a tax threshold decrease in 2020.

Pension cuts will range from 9 percent to 18 percent and the tax-free limit will be reduced by almost 3,000 euros ($3,280) to 5,681 euros ($6,211) of annual income.

Euro zone finance ministers will bring to the table the next disbursement of loans at the next scheduled Eurogroup meeting on May 22.

Athens needs to repay 7.5 billion euro ($8.18 billion) in debt by July.

Date
2017.05.19 / 09:12
Author
Axar.az
See also

Aliyev sends condolences to Spain’s king

Ali Asadov arrives in Georgia on working visit - Photo

Bayramov to represent Azerbaijan at OTS summit in Ankara

Bayramov meets Hakan Fidan in Ankara

Bayramov addressed OTS meeting in Ankara - Photo

Bayramov arrives in Turkiye for OTS meeting

Azerbaijan’s MFA congratulates Turkiye on Republic Day - Photo

Aliyev: Azerbaijan and Turkiye share deep bonds of brotherhood

Aliyev congratulates Erdogan on Turkiye’s Republic Day

Jeyhun Bayramov visits Turkiye

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla