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Daily Archives: February 2, 2012

Greece’s Trade Unions, Employers Reject Troika’s Demands For Wages Cuts in Private Sector

GSEE, the trade union umbrella for the Greece private sector and Employer’s Associations came to the same conclusion after three hours of negotiations. To say “No” to Troika’s demands to lower the minimum wage and to abolish the 13th and 14th salary. GSEE chairman Yannis Panagopoulso told reporters  “It is not allowed that …

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WSJ: German-IMF Rift Stalls Greece Deal; PSI vs OSI

The PSI deal is here, there and everywhere… While Greeks, investors, several finance experts and journalists are eager to see the deal finally complete, it looks as if there is some rift that between two of Greece’s lenders and central players: Germany and the International Monetary Fund. Here is an excerpts from the interesting article by …

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Athens: Health Workers Protest with a …Coffin (video)

Several hundreds of public hospital personnel demonstrated on Thursday morning outside the Greek health Ministry in downtown Athens. Some of the angry protesters were holding a coffin…  other chanted “No to salaries of 2, 5, 10 and 20 euro!” Despite the rain and the freezing cold, the demonstrators followed the call of …

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