Calamos Supports Greece

public sector

Greece Submits Legislation to Decrease Corruption in Public Sector

Greece’s government submitted legislation to handle cases of corruption and other illegal or unethical behavior in the public sector, as part of its reform drive. “The practices of the last decades show there is inherent weakness in the present disciplinary...

ADEDY Plans Rally Tomorrow

ADEDY, the civil servants' union federation plans an all public-sector workers rally on Thursday the 29th of September, which will begin at Klafthmonos Square, Athens at 6:00 p.m. and then reach Parliament. According to ADEDY’s announcement, millions of people are...

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...

Pangalos: 70000 Layoffs in Public Businesses

In his interview to the Swiss newspapers “Tribune de Geneve” and “24 Heures”, the Vice President of the Greek government, Theodoros Pangkalos said that ca. 70,000 job positions in the public sector will be lost due to new merging...

Troika Says Reduce Public Sector or Go Bankrupt

 Greece's creditors have firmly asked the government to lay off 100,000 civil servants by 2015, with 50,000 to be shifted to «εφεδρεία» (a special labor reserve at reduced pay ) as off  tomorrow or Greece will be left on...