The endorsement of tax increasing Bill in the Greece Parliament

The Parliament of Greece has endorsed the Tax Increasing Bill to fill-up the target of 200 cores Euro of this fiscal year. Every political party of running Government Alliance has given their support to the new Bill. Greece has been taken this steps to implement on suggestion of International Monetary Fund and Europe Union

The legislative of the Greece has been endorsed this Bill newly to increase revenue for the promises which given to the International Monetary Fund and World Bank as well as other FinancialOrganization. Opposing this Bill a large number of people of Greece are protesting very seriously and rigorously.

 No sooner had the endorsement of this Bill come as news then the general people of Greece protested of that country. The large number of police has been reserved to combat the procession. The protestors said that the rate of tax will increase the low income people besides the high income people and Commercial institution because of this new Bill. The incoming people of 42 thousand Euros more will have to pay the tax 42% more.

Emphasis on stress the government of Greece said that it is very reasonable to collect the revenue of 23 cores Euro of this Fiscal year. The Deputy Finance Minister of Greece Mr. Mabraganis said, “our country will have to go ahead overcoming the current situation.” To get more Fund from IMF and EU ,Greece is going to increase the tax as the package of last November MOU with IMF and EU.

But the anti-government people has criticised about this step. The alliance of rightist and leftist of Greece claimed, because of this step the general people of Greece and middle income people will fall in a miserablecodition.