Samiksha Jaiswal (Editor)

Eighth austerity package (Greece)

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Territorial extent
  
Greece

Introduced by
  
Government of Greece

Enacted by
  
Hellenic Parliament

Eighth austerity package (Greece)

Date passed
  
28 April 2013 and 17 July 2013

The Eighth austerity package is part of the countermeasures of the Greek government to counter the Greek government-debt crisis. It includes two successive multi-bill with urgent measures so that Greece to receive the new instalment of the bailout package.

Contents

The multi-bill of April

The first multi-bill was approved by Greek parliament on 28 April 2013. 168 MPs voted for the bill, 128 voted against and 1 MPs abstained. The law provided mass layoff in the public sector, extension of the working hours for teachers and other provisions. It also provided a new tax for immovable property that will be defined later. The teachers reacted to the bill by declaring strikes. However, the government prohibited the right of strike, going ahead to the implementation of Civil mobilization. With the mobilization of the teachers, the government completed four implementations of Civil mobilization during the last two years.

The multi-bill of June

On 17 July 2013, the evening before the arrival of German minister of finance Wolfgang Schäuble to a visit in Athens, the Greek Parliament approved an eighth austerity package to secure payment of its next €2.5 billion credit tranche. The package contains the layoff of another 15,000 public employees, among them high school teachers, school guards and municipal policemen. After the withdrawal of Democratic Left (DIMAR) from the governing coalition in June, it was supported by only 153 of 300 deputies. The next day, a general ban on demonstrations had been enacted and 4,000 police officers mobilized to avoid larger protests in the Greek capital during Schäuble's visit.

References

Eighth austerity package (Greece) Wikipedia