One in three workers in Greece’s private sector earn a monthly salary of €300 net -up to €440 gross. This shocking revelations comes from a survey conducted by the Labor Institute (INE) of private sector union GSEE.
The survey reveals that wages in greece have shrunk significantly through the so-called “flexible work contracts” imposed by the Troika’s loan agreeme
“Flexible work contracts” are considered part-time contracts, reduced working hours, work in rotation, renting labor craft.
Savvas Robolis, the scientific director of INE-GSEE, points out that
“High unemployment is forcing more and more workers of the private sector to accept flexible work contracts. The situation affects approximately 500,000 people.
This has created a new generation of workers and employees, the €300-Generation.”
Of course, this does not affect young and unskilled workers only but all age groups desperately seeking work and income.
PS huh!? Competitiveness is here with cheap labor. Where is the growth & development then?