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Greek protesters urged to retreat from 'abyss' 
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Legend
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Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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http://news.bbc.co.uk/1/hi/world/europe/8663734.stm

Quote:
Greece is "on the brink of the abyss", President Karolos Papoulias has warned, after three people died during protests over planned austerity measure.

GREEK AUSTERITY MEASURES
Public sector pay frozen till 2014
Public sector allowances cut by 20%
State pensions frozen or cut
Average retirement age up from 61 to 63
VAT increased from 19% to 23%
Taxes on fuel, alcohol and tobacco up 10%
One-off tax on profits, plus new gambling, property and green taxes

That will not go down well here either.

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Thu May 06, 2010 12:38 am
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