GSEE calls for policies to make debt manageable

“Counterbalancing public expenditures is necessary but will have to be combined with policies that will make public debt manageable,” General Confederation of Employees of Greece (GSEE) President Yiannis Panagopoulos on Friday underlined, stressing that Europe’s responsibility is undisputable.

Commenting on the government announcements, Panagopoulos stated that unless public expenditures are counterbalanced “fiscal austerity, will lead the country’s entire economy to austerity by making recession deeper, which in turn will result in rampant unemployment and in the destruction of the social web.”

“No national plan can have a chance of succeeding and furthermore, enjoy national and social support, if the uneven distribution of burden continues with wage-earners and pensioners shouldering most of it,” he stressed.

Meanwhile, DAKE trade unionists -- affiliated with the main opposition New Democracy (ND) party -- rejected the Medium-term programme announced by the government, while the Communist Party-affiliated PAME trade union grouping called on the workers to participate in mobilizations.

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