Greek parliament trying to undermine austerity budget
This was predictable since no politician in their right mind would vote so much pain on his constituents.
The Greek prime minister has warned lawmakers against undermining reforms agreed with international lenders in an attempt to boost their popularity as the country heads for elections in early May.
Lucas Papademos, the former central banker serving as interim premier, has cracked down after deputies proposed scores of amendments to key spending legislation due to be rushed through parliament in the next 10 days.
Lawmakers from the governing coalition of the Panhellenic Socialist Movement (Pasok) and the conservative New Democracy party have overwhelmingly backed a tough fiscal and structural reform package to ensure that Greece can secure a second €174bn bailout from the European Union and International Monetary Fund.
But with both parties performing poorly in opinion polls, deputies have tried to exploit a loophole that allows amendments to be adopted and voted through without first being approved by the prime minister and cabinet.
Politicians' efforts to circumvent budget strictures reflect their increasing desperation to appease Greek voters facing another four years of austerity, including further wage and pension cuts, higher property taxes and more costly healthcare.
Minor tweaks to some legislation will probably be ok, but any major changes jeopardizes the EU bailout plan and the future of the Greek economy.
As for the election, the center-right New Democracy party maintains a significant lead over the socialists, but it is iffy whether or not the coalition partners can garner more than 50% of the vote. Fringe parties on the right and left have made some gains in the polls, and the coalition must reach that 50% total to continue in power.

FOLLOW US ON
Recent Articles
- Transgender Armageddon: The Zizian Murder Spree
- Jasmine Crockett, Queen of Ghettospeak
- The Racial Content of Advertising
- Why Liberal Judges Have a Lot to Answer For
- Dismissing Evil and Denying the Holocaust — What’s the Endgame?
- The Witkoff Warning: Will Jordan’s King Fall?
- Can Trump Really Abolish the Department of Education?
- Carney’s Snap Election -- And Trump Saw It Coming
- We Can Cure Democracy, But Can We Cure Stupid?
- George Clooney: Master of Cringe
Blog Posts
- The Trump effect: An unprecedented investment surge and economic renewal
- And Big Bird can’t sing
- The DC appellate court order affrming Judge Boasberg dishonestly ignores its lack of jurisdiction
- Hegseth boards plane flanked by two ‘bada**’ women, and the politically correct capitulation tour continues
- Payback: J.D. Vance calmly gives Denmark a real reason to be paranoid since they're asking for it
- Political shenanigans in Texas
- Jasmine Crockett tries to backpedal her ‘hot wheels’ comment about a wheelchair-bound Gov. Abbott, forgets the internet archives exist
- Signal debacle – maybe intentional
- Trump’s executive orders have big leftist law firms running scared
- In Denmark, Americans have become 'the deplorables'
- Mike Huckabee and a turning point in US-Israel relations
- Up is down, down is up!
- Who will thaw the Arctic?
- Do trans people expect us to abandon common sense?
- Impeach the judges