A new study, Greece: solidarity and adjustment in times of crisis, shows that the impact of the austerity and structural adjustment policies applied in Greece between 2008 and 2013, since 2010 through loan conditions imposed by the Troika (IMF-European Commission-ECB) have been overwhelmingly borne by lower-income households, resulting in a sharp increase in income inequality. Among other…
The Greek trade unions have called a general strike for Thursday 1 December. GSEE international officer Zoe Lanara explains why. Today’s general strike, called by the Greek General Confederation of Labour GSEE and the civil servants’ confederation ADEDY, is designed to protest the country’s 2012 budget which brings €7.1 billion in new regular and emergency taxes and…
The latest austerity measures announced by the Greek government this week impose additional pension cuts, raise the number of civil servants to be suspended to 30,000 and lower the threshold at which people start paying income tax by a third to €100 a week. A new property tax on every homeowner regardless of circumstance will…