Tuesday, February 07, 2012

Greece Caves in to Pressure and Cuts State Jobs


Greece's coalition government has agreed to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.
The announcement on Monday signals a major shift in Greece's policy, as state jobs have so far been protected during the country's acute financial crisis, which started about two years ago.
Dimitris Reppas, Greece's minister for public-sector reform, said the job cuts would be carried out under a new law that allows such firings .... Read more at http://www.aljazeera.com