Greece
Calamos Supports GreeceCalamos Supports Greece

public sector layoffs

4,000 Greek Public Sector Layoffs to be Completed Soon

Final decisions regarding layoffs in the public sector have Greece's state-employed laborers worried. Over the next two months, 4,000 public employees will be laid off in a bid to streamline government finances. Apart from those who have committed a criminal...

Commitment of Layoffs in Public Sector Will Be Met

Administrative Reform Minister Kyriakos Mitsotakis met today with Finance Minister Gikas Hardouvelis in order to discuss the reforms and dismissals, ahead of the Troika meeting in Paris next week. According to information, the two men discussed the issue of redundancies in the public...

Troika Satisfied with Layoff Targets

The Troika of Greece's international creditors completed their meeting with Minister of Administrative Reform Kyriakos Mitsotakis. “Significant progress has been made and this has also been acknowledged by our creditors,” sources from the Ministry stated after the meeting. The Ministry’s...