If you lived in Greece would you vote for this?

Let me ask all of you a question before you read the summarization of the plan:   If you lived in Greece would you vote for this?:

“Income tax threshold would be lowered from €12,000 (£10,300) to €5,000 (£4,300)

Retirement age would be raised from 61 to 65

VAT would rise from 19 to 23 per cent

Higher property taxes

Monthly pensions above €1,000 (£860) would be cut by 20 per cent

Excise on fuel, cigarettes and alcohol would rise by a third

To qualify for a full pension people would be required to complete 40 years work

Retirees aged under 55 would lose 40 per cent of their pensions over €1,000 (£860)

Public sector wages would be cut by 20 per cent

Employees of state-owned enterprises would have their wages cut by 30 per cent

A cap would be introduced on wages and bonuses

30,000 civil servants would be suspended on partial pay

All temporary contracts for public sector workers would be terminated.

Just one in 10 civil servants retiring this year would be replaced

New levies on household incomes of between one and five per cent.”

The Housing Time Bomb: Will the Greeks Agree to Austerity? Sure, When PIIGS Fly!!!.

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