01.12.2014 - 14:56 [ Keep Talkin Greece ]

Greece bows to Troika’s demands: Hikes in Value Added Tax to hit tourism

Αmong the measures the Troika demands from Greece are decreases 15%-20% in main pensions. lowering of public servants’ wages, increase of Value Added Tax for medicines, VAT hikes in the islands, “lock-out” in labor conditions, increase in retirement age, and sharper economic criteria for receivers of poverty allowance (EKAS).