Greek Parliament Approved Hefty Cuts and Reforms
The Greece parliament has showed its approval towards the current financial crisis. They approved the hefty cuts and reforms so that things could be shaped in a better position and members of the parliament voted 172 – 121 to pass this bill.
This bill includes tax rises and cut downs in pensions and public sector bonuses. On the other hand, due to the current crisis and the bill approval factor, the common man is going to face a lot of trouble in his walk of life. That is why; a lot of protestors had to be dispersed by police, through means of tear gas and baton charge recently, during protests.
The situation got worse when three bank workers lost their lives in a petrol bomb attack, since the seemingly innocent protests turned a more violent color. These recent deaths came as a shock to a lot of people in Greece and Prime Minister George Papandreou said that violence was not the only solution to this whole problem.
In addition, at one of the Marfin Bank branches, where the three workers died, has become a focus for grieving and mourning. People are expressing their grievances by lining the entire doorway with flowers.
Shops and local business community has also halted to a certain degree. Things have been clearing up after the riots but it will take a while to get things going in a normal gear. To make the people of Greece realize the gravity and seriousness of the situation, President Karolos Papoulias said that Greece is at the verge of a black abyss and we have to work as a team to set sails towards the open and calm waters.