Finance Minister Yanis Varoufakis revealed the size of pressure the Greek government and the negotiation team is exposed to by the creditors but also the creditors’ plan who insist on further austerity.
“The lenders have gone so far to demand that we reduce all wages above 700 euro down to 700 euro,” Varoufakis told tax officers who were protesting outside the Finance Ministry in Athens .
“We oppose this ruthless policy and attitude on a daily basis,” Veroufakis told protesters, adding that “negotiations are at a crucial point.”
While Varoufakis did not elaborate on the 700-euro issue, KTG assumes, that the creditors’ demand refers to wages in the public sector.
It is a fact that especially noways, civil servants earn much more than workers and employees with equal skills in the private sector.
But 700 euro per month for senior state employees? This would mean in real life, further reducing of wages in the private sector.
And I wouldn’t oppose to this if the loaf of bread and a liter of milk would cost €0.10, utilities were half their current price and heating oil or gas were …for free. Not to mention rents, transportation cost etc etc.
At the same time, decoded signs from Brussels speak of creditors demanding Value Added Tax hikes.
PS The absurd prevails in the surrealism of austerity.