GREEK

Taxation

Tax will increase

2011

2.32 bn euros

2012

3.38 bn euros

2013

152 m euros

2014

699 m

Public Sector Cuts

The public sector wage
bill will be cut steadily

Spending Cuts

Defense

Health

Public Investment

Subsidies

Edutation

Cutting Benefits

Social Security

Monthly Pensions

The Statutory Retirement
age will be raised

Privatisation

The government
aims to rise 50 bn
euros from privatisations.

In 2012 they plans to sell
stakes in diferent companies

Labour Market Reform

The law will make it easier
for the companies to cut their
payroll costs.

The Eurozone plan to save Greece

France was also determined to see the deal implented fully.

Germany would make it clear in talks with the greek pm that the plan as needed.

Greece would offer "a clear mandate" for austerity measures demanded by eurozone partners.

China has added its voice to those calling for swift action.

A referendum was vital to try to overcome resistance on the streets to deepening cuts.

The planned referendum threatens to unravel a deal reached at EU summit last week aimed at resolving the euro debt crisis

Leaders agreed on a 100 bn euros loan to Athens and a 50% debt write-off