>Greece announces ‘drastic’ €25B transformation of defense strategy
>The country is splashing the cash on its military after years of austerity.
Aaaand it’s gone.
Greece about to flex on Poland as the big eu spender.
Kevin_Jim on
It’s not surprising at all. The government’s have been bleeding us dry for the better part of two decades, while completely dismantling public education and healthcare.
One would expect that at this point some of that money would go back into these institutions, but nope.
We are completely and truly F’ed.
paulywauly99 on
Well done Greece. Proud of you! 🇬🇷 🇬🇧 I
Cool-Particular-4159 on
Great news, but Greece has no doubt also suffered from austerity, due to bankers’ actions, to the detriment of the poor.
I fully welcome stronger finances now, but it should now look to invest in public spending again as soon as possible.
Lonhanha on
You go Greece, I remember when we started to get this type of news in Portugal too, feels good
Mrstrawberry209 on
Congratulations, Greece! Hopefully you can get it to good use!
5presidents1Week on
This means that they can finally get to have nice things? After they balanced their accounts?
Skullrogue on
Bless our brothers and sisters from Greece, they have suffered some hardships but this is such great news!
Necessary-Remote-511 on
Cmon lads!!! It fills me with joy to see fellow EU countries improve so much. Anyone remembers the PIGS acronym, ten years ago? Portugal, Spain, and now Greece, have all done amazing steps. I wish Italy did the same
pkk888 on
Good for you Greece!
MBkizz on
Respectfully, Greeks are being taxed to hell and back (same tax burden as Germany), and are forced to spend 30% of their salaries electronically, not including rent and utilities when these tend to be near 50%. This leaves, at most, 20 to 10% of your salary to save.
These austerity measures NEED to be lessened, first and foremost, with a proper initial income tax break. Investment needs to be at the forefront of government policy, both private and public. Unemployment is damn near 10%, and good luck getting a proper career as a young adult.
With interest payments in now manageable levels, please, focus on growth to lessen debt %. Use any money after servicing the interest on investments, and stop with the purchasing of foreign weapons. Defence is already at 3% and has been for a long time, fuck trump and his insane demand of 5%.
Greece has already lost so much from austerity, start healing some of that.
JimTheSaint on
Great work Greece – that is some real dedication
GrandAdmiralSnackbar on
So what is the cause of the unexpected windfall? Higher tax revenue, or lower expenditure? And if lower expenditure, lower expenditure on what?
KapetanKleidias on
wow Omada Alitheias has infiltrated reddit, I can’t say I didn’t expect that, keep bleeding out my fellow Greeks, soon™ we’ll be free
goodbyclunky on
Fantastic country with fantastic people. Every time I go there things look improved, more modern, more efficient but without losing the Greek spirit!
Ok_You_2120 on
Amazing, but can someone explain how this is happening? I’m not aware of recent policy changes but I haven’t really done the reading
29 commenti
Greece eliminated budget deficit!!!!!
“I simply couldn’t think what to get you… and then I saw this lovely little primary surplus and thought of you!”
Greece on a surprisingly solid economic trajectory recently.
Greece had put in some hard years to be in this position. Great progress for my Greek friends
Good work from my Mediterranean bros!
Im happy for Greece and Ill make sure im going to add to it by spending my holiday there.
If only this reflected on the everyday Greek…..
🇬🇷👆
Pretty good recovery, since their financial problems that occurred from their Olympics, in 2004.
All they had to do is force people to work 6 days a week
It’s amazing what happens if people paid taxes
Just in time to be spent in the re-arm 😉
By forcing a 6 day work week🙄
Can’t wait for this recovery to translate to the well being for us Greeks!
Oh wait…
https://www.politico.eu/article/greece-defense-strategy-armed-forces-donald-trump-nato/
>Greece announces ‘drastic’ €25B transformation of defense strategy
>The country is splashing the cash on its military after years of austerity.
Aaaand it’s gone.
Greece about to flex on Poland as the big eu spender.
It’s not surprising at all. The government’s have been bleeding us dry for the better part of two decades, while completely dismantling public education and healthcare.
One would expect that at this point some of that money would go back into these institutions, but nope.
We are completely and truly F’ed.
Well done Greece. Proud of you! 🇬🇷 🇬🇧 I
Great news, but Greece has no doubt also suffered from austerity, due to bankers’ actions, to the detriment of the poor.
I fully welcome stronger finances now, but it should now look to invest in public spending again as soon as possible.
You go Greece, I remember when we started to get this type of news in Portugal too, feels good
Congratulations, Greece! Hopefully you can get it to good use!
This means that they can finally get to have nice things? After they balanced their accounts?
Bless our brothers and sisters from Greece, they have suffered some hardships but this is such great news!
Cmon lads!!! It fills me with joy to see fellow EU countries improve so much. Anyone remembers the PIGS acronym, ten years ago? Portugal, Spain, and now Greece, have all done amazing steps. I wish Italy did the same
Good for you Greece!
Respectfully, Greeks are being taxed to hell and back (same tax burden as Germany), and are forced to spend 30% of their salaries electronically, not including rent and utilities when these tend to be near 50%. This leaves, at most, 20 to 10% of your salary to save.
These austerity measures NEED to be lessened, first and foremost, with a proper initial income tax break. Investment needs to be at the forefront of government policy, both private and public. Unemployment is damn near 10%, and good luck getting a proper career as a young adult.
With interest payments in now manageable levels, please, focus on growth to lessen debt %. Use any money after servicing the interest on investments, and stop with the purchasing of foreign weapons. Defence is already at 3% and has been for a long time, fuck trump and his insane demand of 5%.
Greece has already lost so much from austerity, start healing some of that.
Great work Greece – that is some real dedication
So what is the cause of the unexpected windfall? Higher tax revenue, or lower expenditure? And if lower expenditure, lower expenditure on what?
wow Omada Alitheias has infiltrated reddit, I can’t say I didn’t expect that, keep bleeding out my fellow Greeks, soon™ we’ll be free
Fantastic country with fantastic people. Every time I go there things look improved, more modern, more efficient but without losing the Greek spirit!
Amazing, but can someone explain how this is happening? I’m not aware of recent policy changes but I haven’t really done the reading