Same policies as usual: The IMF wants lowering of Greece’s €586-gross Minimum Wage

Posted by in Society

What if we hear again and again, International Monetary Fund officials saying “we have made mistakes with the Greek program” and the usual stuff. The IMF keeps up its neo-liberal policies and will keep them up till the end of the days.

In a report, the IMF insists on considering that the €586 gross minimum wage per month is high and urges the Greek government to proceed with a new approach on calculating it.

Furthermore, the fund wants the abolishment of 3-year wage increases as well as of the 13th and 14th salary (Christmas and vacation bonus.)

The IMF urges the government to proceed with the so-called labor reforms, strike lock-out, mass lay-offs, changes in labor unions law…

…and opening of closed professions.

All these as usual in the name of competitiveness.

PS After 6-7 years of austerity packages, I wonder, why the IMF does not abolish wages all together. Instead of wages, the state could nationalize all private enterprises and offer free housing, food-, water-, electricity- and clothing-coupons. But … ops! that would be Communism!