+- Forums (https://eu-forums.com)
+-- Forum: EU Forums (https://eu-forums.com/forum-19.html)
+--- Forum: EU Business and Economy Forum (https://eu-forums.com/forum-17.html)
+--- Thread: Greece votes for big budget cuts (/thread-4829.html)
Greece votes for big budget cuts - Laurentine - 12-25-2009
Greece's public debt currently stands at 300 billion euros. The single-chamber parliament adopted the budget by a large majority, with the 160 Socialist Pasok deputies voting for, and 139 opposition members against. There was a number of measures to reduce debt levels, including a 10% cut in social security spending.
There also were announced a 90% tax on the bonuses of senior bank workers.