The Roof Comes Off the Parthenon: Greek Austerity Details Leaked
2012 10 25

By Alexander Reed Kelly | TruthDig.com

Rumors of budget cuts have been trickling out for the last four months. Now a 94-page draft memorandum, yet to be officially released, appears to detail Greece’s new austerity measures in full.

The draft states an increase of 5 percent on personal taxes made last year will be retained through 2018. Twenty thousand employees are due to be cut from the public payroll in 2013, with 5,000 more in 2014. The retirement age will rise from 65 to 67, interest on deposits will rise from 10 percent to 15 percent and various tax exemptions will be eliminated.

Heavier taxes will be levied on farmers, certain payrolls will be reduced by up to 35 percent, and the number of employed associate professors will be cut drastically from 15,226 to 2,000. Traffic ticket penalties will rise 25 percent and special seasonal unemployment benefits will be scrapped.

[...]


Read the full article at: truthdig.com













Related Articles


Latest News from our Front Page

A Look Back at the OJ Simpson Verdict -- Reactions
2014 11 26
This is a look back at the different reactions to the OJ Simpson verdict some 20 years ago (exact date of verdict was Oct 3, 1995). The OJ Simpson jury consisted of 9 Blacks, 1 Hispanic, and 2 Whites. It would raise eyebrows after they only deliberated for 4 hours in a case that they were involved in for almost ...
New York Times Publishes Darren Wilson’s Street Address and Photo of House #Ferguson
2014 11 26
Hey here are the two @nytimes scumbags that published Wilson’s home address. —> @juliebosman & @campbellnyt— Ben Howe (@BenHowe) November 25, 2014 Michael Brown’s Stepdad Shouting ‘Burn This Bitch Down’ The New York Times published information about the address of Ferguson Police Officer Darren Wilson on Monday in a move that has generated controversy. Tensions are running high in Ferguson, Missouri, as ...
How Monsanto is Destroying the Brains and Health of Everyone
2014 11 25
Interested in slowing your aging process? Take note! One of my most recent blog entries summarized roughly 10 years of research related to the consequences of inflammatory processes in the periphery of the body, such as the gut, and how this was driving brain degenerative inflammatory processes within the brain. One of the key findings from that research was how pathogenic ...
Guccifer: Pennsylvania City to be Nuked Next Year
2014 11 25
From Youtube: Renowned hacker Guccifer, who accessed the private emails of numerous top military, political and intelligence leaders, told the New York Times that a city in Pennsylvania is the target of a nuke attack in 2015. Guccifer also revealed that he is sitting on an archive of hacked emails that have not been publicly released.
Israeli Police Caught On Video Hosing ‘Skunk Spray’ on Palestinian Elementary Schools and Protesters
2014 11 25
Israeli police in Jerusalem have been caught on video recently spraying East Jerusalem Palestinian neighborhoods with a concoction they call “skunk spray”. The liquid is a mixture of sewage and rotting animal roadkill. The result of the police hosing down neighborhoods, elementary schools and protesters with the mix is a putrid smell that seems almost impossible to get off or be ...
More News »