Pages

Monday, December 8, 2014

Greek Budget for 2015 Voted Amidst Protests

The 2015 budget was voted in Greek Parliament (by a vote of 155 in favor, 134 against, 1 present) at midnight amidst protests inside and outside of the House in Athens, Greece. Earlier, demonstration rallies from unions and independent groups protested outside the parliament. The General Confederation of Greek Workers (GSEE), the Greek Communist Party workers union PAME and a group of anarchists in support of hunger striker Nikos Romanos gathered in Amalias avenue in front of the House. “Five years into the crisis, we are faced with another budget that will further impoverish ordinary Greeks,” said GSEE head Yiannis Panagopoulos. “Everything about it is wrong.” A meeting of European Finance Ministers in Brussels on Monday had been set as the cut-off date for the €1.8bln aid disbursement to be made. Discussions over a potential credit line – to be given to the country once the EU/IMF bailout funds stop – were also due to begin. The uncertainty has spooked investors and, once again, sent yields on Greek bonds soaring.


READ THE ORIGINAL POST AT greece.greekreporter.com