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Greek Private Sector Employers Owe an Average of 5 Monthly Salaries to 1 Mln Employees
The economic crisis in Greece has hit hard private sector employees with one million of them remaining unpaid for an average of five months,...
The Mousetrap of Banking
Pick up a stone off the ground, turn it upside down and you will soon discover another thriving virus of corruption lurking under it....
Alpha Bank Sheds 21% of Staff Via Voluntary Exit Plan
Greece's fourth-biggest bank, Alpha Bank, announced on Monday that approximately 21% of its 10,000 employees will enter a voluntary exit plan that was launched last month, aiming to cut...
ADEDY To Strike June 30 and July 9
Public Servant’s Union (ADEDY) in Greece demands the abolition of the proposed legislation regarding the selection criteria by which Greek public sector senior staff will be...
Greek Teacher Layoffs End Public Job Security After 103 Years
Saturday is the last day of the eight-month period allotted for teachers to reapply for a reduced number of positions at Greek technical schools.
Last summer,...
University of Athens and National Technical University Closed
The University of Athens and the National Technical University of Athens remain closed for the 10th consecutive week.
On Friday, the First Instance Court of...
Another Meeting with Troika on Tuesday
The meeting between the Greek Minister of Finance and the heads of Troika ended at around 3pm today with no final agreement. Reportedly, during...
OTE Downsizing 13% in Fixed-Line Telecommunications
In an attempt to reduce its legacy costs OTE, the largest telecommunication company in Greece announced its intent to downsize its workforce in the...
Voluntary Exit for Eurobank’s Employees
Yesterday, Eurobank the third-biggest lender to Greece announced that it will shed about a tenth of its workforce through voluntary redundancy. This measure is...
General Strike in Greece on November 6
On Wednesday November 6, a general strike of public and private sectors will take place for 24-hours and there is a possibility that protests...