Greece’s Prime Minister survived the confidence vote

Prime Minister George Papandreou passed well after a fire day. On Tuesday, the Parliament gave its confidence vote for his new cabinet. The decision didn’t surprises anyone, but it is a small step, the first one from several that have to be made in order to adopt much quickly the austerity measures that Greece needs. Otherwise, they won’t have the clearing of the 12 billion dollars bailout from the International Monetary Fund and Central European Bank. The socialist Government got 155 votes from the total 300. The result wasn’t very good received by some protesters that were in front of the Parliament building since the beginning of the day. They booed the decision and this is a plus proof of the people’s opinion about the austerity measures that Greece’s needs to take.

In maximum one month from now, the Government should approve the taught measures that keep the country out of the bankruptcy zone. Some of the measures that are very less popularly are reducing with 20 percent the 750000 jobs from the public sector, a consistent wave of privatization and some new taxes. More, another measure will be a big tax on the persons that are having pools. The Greece’s press already speaks about a real hunt on air, from the helicopter, chasing the swimming pools, because just a few citizens declared it. The Government made them all a solidarity tax that needs to be paid. The Parliament’s vote came after several argue on the hard economic moment of the country.

The Prime Minister George Papandreou said that not only the inside situation is very difficult, but the rating agency are destroying the country’s image. On the other hand, referring at the country’s economy, the Central European Bank said that Greece is not capable in paying its debts because the black market work buried it long time ago. A possible bankrupt of the country would mean a huge problem for the entire economy of Europe. The most affected institution of this hypothetic fact are the Program Eurosystem SMP, that is the buying shares from the European Central Bank program. Another institution very bad affected will be the International Monetary Fund and the public sector of Greece. There is more than one year since Greece is under the threat of not being capable to pay its debts. The Chief of the European Committee, Jose Manuel Barroso said that if Athens keeps its obligation on the austerity measures package, Europe will have the same attitude.

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