Third austerity package (Greece)

First austerity package
Hellenic Republic
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date commenced	February 9th, 2010
Introduced by	Government of Greece
Status: In force

Second austerity package
Hellenic Republic
Protection of the national economy - Emergency measures to tackle the fiscal crisis (Law 3833/2010)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	5 March 2010
Date assented to	11 March 2010
Date commenced	13 March 2010
Legislative history
Bill published on	3 March 2010
Introduced by	Government of Greece
Status: In force

Third austerity package – The first memorandum
Hellenic Republic
Measures for implementing the support mechanism of the Greek economy by the member-states of the Eurozone and the IMF (Law 3845/2010)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	6 May 2010 (For: 172; Against: 121; 3 Abstentions)
Date assented to	6 May 2010
Date commenced	6 May 2010
Introduced by	Government of Greece
Status: In force

Fourth austerity package – 'The Medium-term Programme'
Hellenic Republic
Medium-term fiscal strategy 2012-15 (Law 3895/2011)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	29 June 2011 (For: 155; Against: 138; 5 Abstentions)
Introduced by	Government of Greece
Status: In force

Fifth austerity package – October 2011 measures
Hellenic Republic
Pension regulations, uniform pay scale - grading system, labour reserve and other provisions for the implementation of the Medium-term Fiscal Strategy Framework 2012-15 (Law 4024/2011)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	20 October 2011 (For: 154; Against: 144)
Introduced by	Government of Greece
Status: In force

Sixth austerity package – February 2012 measures
Hellenic Republic
Approval of Plans of Financial Facilitation between the European Financial Stability. Facility (E.F.S.F.), the Greek Republic and the Bank of Greece, the Plan of Memorandum of Understanding between the Greek Republic, the European Commission and the Bank of Greece and other urgent measures. (Law 4046/2012)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	12 February 2012 (For: 199; Against: 74; 5 Abstentions)
Introduced by	Government of Greece
Status: In force

Seventh austerity package – October/November 2012 measures
Hellenic Republic
Approval of the Medium Term Fiscal Strategy Plan 2013-2016,Urgent implementation measures of L.4046/2012 and the Medium Term Fiscal Strategy Framework 2013-2016. (Law 4093/2012)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	31 October and 7/8 November 2012 (For: 153; Against: 128; 18 Abstentions)
Introduced by	Government of Greece
Status: In force

Eighth austerity package – April/July 2013 measures
Hellenic Republic
1. Urgent measures on the application of Laws 4046/2012,. 4093/2012 and 4127/2013 (Law 4152/2013) 2. Income taxation, urgent measures for the implementation of law 4046/2012, of law 4093/2012 and of law 4127/2013 and other provisions. (Law 4172/2013)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	28 April 2013 and 17 July 2013
Introduced by	Government of Greece
Status: In force

Ninth austerity package – May 2014 measures
Hellenic Republic
Medium-term Fiscal Strategy plan 2015-2018 (Law 4263/2014)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	9 May 2014 (For: 150; Against: 119)
Date assented to	13 May 2014
Date commenced	14 May 2014
Legislative history
Bill published on	30 April 2014
Introduced by	Government of Greece
Committee report	Report of the Standing Committee of Financial Affairs
Status: In force

Tenth austerity package – July 2015 measures
Hellenic Republic
1. Urgent prerequisites for the negotiation and conclusion of an agreement with the European Stability Mechanism (E.S.M) (Law 4334/2015) 2. Urgent measures for the implementation of Law 4334/2015 (Law 4335/2015)
Territorial extent	Greece
Enacted by	Hellenic Parliament
Date passed	1. 15 July 2015 (For: 229; Against: 64; 6 Abstentions) 2. 22 July 2015 (For: 230; Against: 63; 5 Abstentions)
Date assented to	1. 16 July 2015 2. 23 July 2015
Date commenced	1. 16 July 2015 2. 23 July 2015
Introduced by	Government of Greece
Status: In force

This article details the fourteen austerity packages passed by the Government of Greece between 2010 and 2017. These austerity measures were a result of the Greek government-debt crisis and other economic factors. All of the legislation listed remains in force.

The first austerity package was the first in a row of countermeasures of the Greek government to counter the Greek government-debt crisis. It was approved by the Hellenic Parliament in early 2010.

The first austerity measure was a minor austerity package with the purpose of reducing the budget deficit. These measures preceded the First Economic Adjustment Programme for Greece known as "momerandum. It emerged after the promise of the Greek prime minister in the World Economic Forum of Davos, Switzerland. He promised that he would take some measures so that the deficit was cut. The package was implemented on 9 February 2010 and was expected to save €0.8 billion; it included a freeze in the salaries of all government employees, a 10% cut in bonuses, as well as cuts in overtime workers, public employees and work-related travel.

The second 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 March 2010.

On 5 March 2010, amid new fears of bankruptcy, the Greek parliament passed the "Economy Protection Bill", which was expected to save another €4.8 billion. The measures include (in addition to the above): 30% cuts in Christmas, Easter and leave of absence bonuses, a further 12% cut in public bonuses, a 7% cut in the salaries of public and private employees, a rise of VAT from 4.5% to 5%, from 9% to 10% and from 19% to 21%, a rise of tax on petrol to 15%, a rise in the (already existing) taxes on imported cars of up to 10%–30%, among others.

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