Sunday, April 29, 2012

Leader of the largest party in the ruling coalition in Greece has said that there will be no new taxes, in an apparent attempt to win back support.Head of the Panhellenic Socialist Movement, or PASOK, Evangelos Venizelos was talking to his party on Saturday ahead of the nation's parliamentary election on May 6th.

Austerity measures introduced to rebuild the Greek economy and its fiscal system have made the ruling coalition unpopular and the opposition is gaining support.Opinion polls suggest that the two parties in the ruling coalition are expected to lose many of their seats in parliament and may not be able to secure a majority.
A coalition partner promises to increase the guaranteed minimum amount of pension to win back support.
Media agencies

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