With its health service in ruins, its education system disintegrating rapidly, wages slashed, pensions decimated, the Greek government is set to unleash more savage "austerity" on the unfortunate people of Greece. Here are some of the measures to be foisted on the ordinary people. There will be 14.32bn euros ($20.50bn; £12.82bn) cuts in public spending, tax rises of 14.09bn euros, over the next five years. There will be 2.32bn euros of tax increases this year, this follows on from 3.38bn euros increase in 2012, 152m in 2013, and 699m in 2014. There will be a levy to be raised twice next year from households of 1% to 5% of income. A vast swath of the poorest of families who were below the tax threshold will now find themselves paying tax. as the tax free threshold will be lowered from 12,000 euros to 5,000 euros, and property tax will be raised. Then there is that tax that hits the poorest most, VAT, 19% will go to 23%, the 11% rate will rise to 13% and the 5.5% goes up to 6.5%, restaurants will see their vat rate go from 13% to 23%.
There is no end in sight for the people of Greece as long as this economic strangulation system of capitalism persists, the financial Mafia is not going to come over all compassionate and devise a plan to help the ordinary people of Greece, it is not in their DNA. However the people of Greece, as I said before, are not sitting down weeping and hoping for a return of the "good old days".
This from Act For Freedom Now:
“We won’t live like slaves – The only lost battles are the one that they have not been given”. On Wednesday 17 May 2017 thousands of people joined the general strike protests all over Greece, against the new harsh financial measures of 4.9 billion euros incorporated in the 4th Memorandum signed by a Greek government, aimed once again against the lower income classes rather, than the banks and the wealthy.www.radicalglasgow.me.uk
The self proclaimed left government of SYRIZA in co-operation with the right wing party of ANEL have unleashed a new class war, this time specifically aimed against people with disability and pensioners that have worked all their lives and paid their share under the false notion -as it seems- that during the time when they will be most vulnerable, they would have free public health services and subsidies that would help them get by. On the contrary after 23(!) severe cuts in pensions and allowances during the 8 years of the financial crisis in Greece (amounting to more than 50 billion euros in pension and allowances cuts during the last 7 years), that has forced people to live like beggars, a further 18% cut will be imposed on pensions under the 4th Memorandum being voted in the Greek parliament these days and a “freezing” of even the slightest raise in pensions until 2022.
And as if a life with no future wasn’t enough, the streets of Athens have been filled with thousands of riot policemen to impose fear on people daring to protest during the general strike of 17 May 2017. Thus, during the protest in Athens anarchists attacked the riot police brigades in Syntagma Square around the Greek parliament, whilst inside politicians were discussing the new harsh financial measures to be imposed on the people, without the people. More protest will take place tomorrow 18 May during the voting of the measures in the Greek parliament.