Greek cabinet approved on Thursday a package of austerity measures, the so called ‘II. Memorandum of Understanding” or else “Budget Plan 2011-2015” or else “Mid-Term Stability program” dictated by the IMF/EU/ECB Troika. Call it whatever you want, the package contains measures that will kill small and medium enterprises, drive mad families, starve pensioners and steal the youth’s future. Specifically the package will enforce the sell off of state assets, massive layoffs in public sector, increase property taxes, a special tax (“Poll Tax”) on all incomes, VAT hikes in restaurants just to mention a few. The package comes at times of unemployment at 16.2 percent, recession at 5% and consumption just to cover people’s basic needs. The Austerity measures will be voted at the Parliament on June 28. (more details on the package during the day)
The tax tsunami on everything that breaths, walks and crawls seems to be the only solution for a ‘socialist’ government that was elected with the slogan “There is money!” I am really curious to see what will happen when taxpayers have run out of money.
How do Greek protesters chant at Syntagma Square? “Eh eh eh, oh oh oh, Take the Memorandum and Get out of Here! Shoo!” The next big protest is planned for Sunday, June 12 at 7.30 pm