July 29, 2012

Coalition leaders ponder cuts ahead of Monday meeting

Greece’s three coalition leaders are to hold a crucial meeting on Monday that is likely to decide what form the 11.5 billion euros of spending cuts for the next two years are likely to take.

It appears that Prime Minister Antonis Samaras, PASOK leader Evangelos Venizelos and Democratic Left chief Fotis Kouvelis have agreed that the measures should not include a further cut to civil servants’ salaries, thereby ending the 13th and 14th monthly payments, nor the imposition of a 1,500-euro per capita ceiling on healthcare coverage. Instead, it will raise from 5 to 15 euros the cost of a visit to a public hospital for treatment. Read more.


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