Greek cabinet meeting

Greek Labour Ministry and Troika postponed the discussion on critical issues of derail of pension funds’ finances and new interventions until January. Troika’s officials stressed the need to reduce wage costs without changing their view on reducing minimum wage, but...

Just seven days after the enactment of the new budget plan, PM Lucas Papademos plans to convene a cabinet meeting in order to speed up implementation of government’s work. This development confirms assessments that the government has sunk into inaction...