04.04.2016 - 08:35 [ Keep Talking Greece ]

Additional austerity €5.4bn, tax & contributions hikes to swallow 60% of employees’ wages

(31.3.2016) Government spokeswoman Olga Gerovasili admitted on Tuesday that the new measures will be 3% of GDP.

„1.8 billion euro (1%) will come from pensions reform, 1.8 billion euro (1%) from taxes and 1.8 billion (1%) euro from indirect taxes. Total 5.4 billion euro until 2018. And this is extra for the Greek taxpayers and citizens.“