Were destroyed due to the greek economic crisis which

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were destroyed due to the Greek economic crisis, which caused many to lose their jobs and their main source of income. As a result, unemployment rates rose in Greece over the past couple of years. By May of 2011, the unemployment rate was at 16.6%, which is a 4.6% increase since last year at the same time. At the height of the Greek economy between 2000 and 2009, unemployment rates reached its lowest of 7.4%. Ever since the economic recession hit Greece, unemployment has been steadily increasing every month.
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Greece’s unemployment rate is at an all time high since becoming a member of the Euro zone. Austerity Measures In May of 2010, the Greek government proposed extreme austerity measures in an attempt to help the country out of its current economic crisis. Austerity measures are measures taken to lower government spending, cut deficits, and reduce the number of public services in an attempt to lower the debt accumulated. The proposed austerity measures by Prime Minister George Papandreou would save Greece 30 billion euros through 2012. Some of these austerity measures that were proposed were: public sector pay cuts, pension reductions, and increases in taxes. To get into the specifics, the plan was to increase the VAT (value added tax) up to 21%, cut holiday bonuses by 30%, put a freeze on state pensions, place cuts on pension subsidies, and place a supplemental tax on many luxury goods. The government also placed excise taxes on fuel, cigarettes, and alcohol to try to increase money flowing into the government. In addition to all these increases in taxes, The Greek government would also increase its efforts in catching tax evaders, which has been a serious problem for the Greek government. This action would help increase the tax revenue for the government in order to try to keep up with the government spending. These austerity measures were met with tremendous opposition and anger by the citizens of Greece. They were outraged by the fact that they would have to pay more taxes to help the government get out of their own mistake. Tremendous pressure was being placed on the Greek worker and citizen to help the country rise up from its economic crisis. The proposed austerity measures sparked many protests across Greece in
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May of 2011. Many citizens took to the streets of Greece in a nonviolent protest against the austerity measures that were about to be imposed on the public. However, these protests did not remain peaceful for very long; the protests quickly turned violent and into dangerous riots, with the riot police getting involved in an attempt to quell the violence. It began with a national strike, where many schools, hospitals and businesses closed down. The protests raged on, with the protestors starting to get into confrontations with the riot police. The riot police began using tear gas, flash bombs, and smoke bombs to fend off the protestors while the protestors responded by making homemade Molotov cocktails and destroying property. As a result of these protests and riots, many were injured and arrested and many were also killed in these attacks.
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