Greek politicians have granted initial approval to the new austerity bill, which is backed by the European Union (EU) and the International Monetary Fund (IMF).
The bill sees an average income cut of about 20 per cent for public sector workers. A second vote on the bill's articles would be held on Thursday.
Following the development, around 1 lakh protesters clashed with the riot police in central Athens on Wednesday. As violence spread to the centre of the city, fire fighters were forced to respond to many arson attacks.
Apart from pension and salary cuts, the austerity bill includes new tax hikes, suspension on reduced pay of around 30,000 public servants and the suspension of collective labour contracts.
The bill sees an average income cut of about 20 per cent for public sector workers. A second vote on the bill's articles would be held on Thursday.
Following the development, around 1 lakh protesters clashed with the riot police in central Athens on Wednesday. As violence spread to the centre of the city, fire fighters were forced to respond to many arson attacks.
Apart from pension and salary cuts, the austerity bill includes new tax hikes, suspension on reduced pay of around 30,000 public servants and the suspension of collective labour contracts.
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