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Greece: Country of the non-stop Lay-Offs
Posted by keeptalkinggreece in Economy
Greece is slowly developing into a country of the non-stop lay-offs. No, not in masses, but one here, two there and so on. “Decrease labour costs, increase competitiviness” are the official slogans of the IMF dictaroship.
Unofficially consumers have cut spending, enterprises are running dry of cash, banks do not give loans (not even those financed by the EU), local investors hesitate to invest a single Euro, shops and smal businesses are closing down. Fathers and mothers of 35-55 years old see their life turn into pieces form of day to another.
What’s next?
The young ones will get hired with the minimum wage of 480 Euro per month. Nice perspective for a miserable life.
You don’t believe me? Check around your social environment…
Government measures to combat unemployment
Greek government set out five targets to combat unemployment. The targets will materialize mainly through state subsidisation and financial backing of enterprises. For more information, read here
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