2 Amendments of Georgios KYRTSOS related to 2016/2050(BUD)
Amendment 7 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Notes that the Greek economy was in deep recession for six consecutive years (from 20089 to 2013) and that since 2008, private consumption decreased by 32,3 percentage points while unemployment increased by about 19 percentage points; points to the closure of thousands of enterprises in Greece and the decline in household consumption and purchasing power since the beginning of the financial and economic crisis in 2008 and the fact that volumes of retail trade of food, beverages and tobacco were more than 30 % lower in 2015 than the early- crisis volumes of 2008; notes that, for those reasons, the sales of Supermarket Larissa followed the same downturn as the Greek economy and that sales in 2013 were 24 % lower than in 2009;
Amendment 9 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Notes, therefore, that Supermarket Larissa, a cooperative of small grocery stores, could not overcome its losses and had to close its shops during the second quarter of 2014; points out that this was not prevented by the austerity measures, in particular wage cuts (-30%), the renegotiation of lcost-cutting measures and the putting off of the maturity date of billsdopted; notes that this situation is also due to the drastic reduction in loans to enterprises, in a context where quantitative easing by the ECB failed to kickstart loans; notes that this case is a dramatic result of the continuous pressure by creditors on Greece and of European austerity policy ;