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Seventh austerity package (Greece)
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Seventh austerity package (Greece) : ウィキペディア英語版
Seventh austerity package (Greece)

The seventh austerity package is part of the countermeasures of the Greek government to counter the Greek government-debt crisis. It was approved by the Hellenic Parliament in October 2012.
The seventh austerity package is a continuation of the 89 austerity and reform requirements outlined by the second bailout package (March 2012).
==Specific measures==
Some of the main elements are:
* Bank recapitalisation
* Tax reform
* Labor market reform
* Pension reform
* The "Midterm fiscal plan 2013–16".
The fiscal plan is an extension of the initial bailout package, as it contain the framework for additional €5.3bn of measures (primarily tax hikes) to be implement in 2015–16 along with the €13.5bn of measures for 2013–14. The extension (and framework agreement for that) will likely be covered in more details by a new third bailout program in November 2012, and could perhaps also be described as the seventh austerity package, as it will likely only be defined in full details around summer/autumn 2014 where the Greek parliament is required to pass it as final law.

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