Territorial extent Greece Date assented to 13 May 2014 Bill published on 30 April 2014 | Enacted by Hellenic Parliament Date commenced 14 May 2014 | |
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Date passed 9 May 2014 (For: 150; Against: 119) | ||
The ninth austerity package was a fewer painful measures package than the previous measures packages. It was imported by the government on April 2014 and was approved by parliament on 9 May 2014 with 150 votes for and 119 against. It included provisions about Greek economic policy during the four next years. The bill's title was Medium-term Fiscal Strategy plan 2015-2018 and the relevant law is the 4263/2014.
The bill provided freeze of wages and pensions over a period of the next four years, until 2018. Also it provided cuts public sector's expenses such as cuts for the expenses of the Ministry of Health among others. It also provided that the primary surplus in 2014 will be 2.3% GDP (4.19 billion euros) whereas in 2018 will be 5.3% (11.585 billion euros).