The government aims to have the bill approved and all presidential decrees signed ahead of the next euro group meeting on Jan 22, which could open the way for the disbursement of the next loan installment.

Cabinet ministers have admitted lately that Greeks will continue facing tightening measures after the end of the current bailout this summer, the third since 2010.

Protesters on Monday vowed to continue fighting austerity.

"They are tying a noose once again around the neck of working people," Michalis Yannakos, the president of the Panhellenic Federation of Employees in Public Hospitals told Xinhua.

"I wonder whether I will be able to support my child in his efforts in the future...Families do not want benefits to survive," Dimitra Aggeli, general secretary of the Athens Association of Families with Many Children, and mother of six children.

Yannis Paidas, member of ADEDY's executive committee, commented on the auctions of foreclosed homes, and the new rules introduced regarding strikes.