Greek majority says no to sacrifice to get out of crisis

19 12 2009

Yesterday - 15:43 At least two thirds of Greeks do not want to do personal financial sacrifices to help the government find a way out of fiscal crisis. He says a survey released today. Continue reading this news in recent weeks, shares, bonds and credit default swaps Greeks are all gone wrong on the wave of concern about the financial deterioration of the country, which is part of the eurozone. Rating agencies and political leaders have Ue Greece to appeal to the debt follows the example of Ireland, which has obtained permission by cutting wages to hundreds of thousands of public employees. But 65.4% of 2,200 people surveyed across the country by the Metron Analysis on behalf the daily Imerisia respondents are not prepared to make sacrifices to help the public finances. For the 63.7% of respondents blamed the situation to be attributed to wastage and corruption of the government. Greece, which continues to violate the rules budget of the euro zone, hit by its first recession in 16 years. Despite this, the government pledged to reduce by next year the budget deficit by 4 percentage points compared with 8, 7 of GDP. Standard & Poor's cut its rating of Greece from A-to BBB + Wednesday month. Fitch Ratings has already scaled down the Greek position last week and Moody's, the other major arbiter of credit status, and should soon give its opinion. One of the reasons for the downgrade would be the expected political resistance to the government's plans socialist reduce the budget deficit from 12.7% of GDP this year to the EU limit of 3% by 2013. greek new Socialist government won the election on October 4 on a program of taxes for the wealthy and subsidies for the poor with the fight against tax evasion, the wastage and public corruption. Despite the financial crisis, the Socialists still have a distinct advantage over the conservatives in the polls, with 38.3% against 27.9 New Democracy to defeat elections two months ago. - On other news site www.reuters.it Reuters in Italian. The top news also on www.twitter.com / reuters_italia


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