Greece
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job loss

Greece's Labor Min Reports Job Losses Outnumber Jobs Added in July

For the second consecutive July, Greece saw more job losses than hires. According to the Labor Ministry’s Ergani database, there were 239,080 new hires throughout the country in July, while job losses totaled 247,690. July was the second top month in...

Abolition of Thousands of Jobs In the Public Sector

Thousands of positions in the public sector will be abolished in the coming months, as declared by the Minister of Administrative Reform and Electronic Governance, Mr. Dimitris Reppas. According to the minister, the whole procedure is at hand while 30.000...

Treasury Bills Instead of Wages and Pensions for the Public Sector

The postponement of the 6th bailout has worsened the poor finances of the Greek public sector. Therefore, the Finance Ministry is in search of a solution to the pressing problem of paying the wages and pensions to current public...