Newsclip®: [Business] Dressed to Protest: Greek anger spreads to middle class - Houston Chronicle

"Whereas previous protests against austerity cuts drew violent street demonstrations featuring hooded youths throwing firebombs, this time it's suited middle classes professionals revolting. At the city's main court complex, criminal suspects in handcuffs, police escorts, and smartly dressed lawyers gather around a canteen that sells toasted sandwiches and iced coffee, waiting hours for their new court dates. Athens lawyer Thanos Koussoulos says self-employed professionals like him will feel the most pain, as the new measures will increase monthly pension contributions, taxable income, and levies on services. Sales taxes will increase across the board, the government created an automatic austerity mechanism to safeguard future budget targets beyond its own term in office, and bailout creditors were even given seats on a new privatization committee with expanded powers. Greece has relied on financial aid from other eurozone countries and the International Monetary Fund", www.chron.com


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