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Greeks brace themselves for deep spending cuts

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Greeks brace themselves for deep spending cuts


The latest round of cuts is set to be the harshest yet, digging deep into Greek incomes and slashing their spending – the result, a contracting economy.

VAT’s going up to 23 per cent, along with fuel, alcohol and cigarettes which are all set for an extra 10 percent tax levy.

One resident said:

“I believe a lot of people will go abroad, younger people who will be looking for opportunities and may find them outside, because this is a country where even some basic things don’t work.”

Another was clear where the blame lay. “Those who robbed the public sector should be punished. All the parasites of the public sector who have embezzled public funds should go. Then the people will help the government anyway they can.”

With more than half of Greeks in the latest opinion polls vowing to take to the streets over the cuts it’s clear the government’s fight to win hearts and minds has only just begun.

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