Greece
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Labor

Papademos Urges Further Income Cuts, Warns of Disorderly Default in March Without Loan Deal

Greece faces the risk of a disorderly default in March if it doesn't complete negotiations for the country's second bailout starting later this month, Prime Minister Lucas Papademos said Wednesday. In a copy of his comments made in meetings with...

Labor Stand-by Status Threatens to Paralyze Airports Around Greece

21 smaller size airports around Greece are threatened with shut down due to lack of staff due to the new labor stand-by status, pointed out the president of the Federation of Associations of Hellenic Civil Aviation (OSYPA) Mr. Vassilis...