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Tag Archives: jobs

Thousands of jobs to be lost in Greece’s banking sector

Greece’s four main banks will have to reduce their employees by a total of 4,350 and shut down about 180 branches up to the end of 2017. These new reduction demands result from the derailing of the Greek economy generated by the prolonged uncertainty during 2015 which brought the country …

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ILO warns of prolonged social crisis in Greece

International Labor Organization (ILO) warned on Monday, that Greece faces a prolonged social crisis unless action is taken.  In its report “Productive Jobs in Greece” released today, the ILO calls for additional measures to support jobs plus social protection and a stop to further wage cuts in the country. The …

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Early elections in sight? Samaras announces 440,000 jobs, while gov’t majority at risk

There is the fragrance of elections hovering in the smog-free air of Greece. The country’s government announces measures here and there, measures aiming to alleviate the suffering of the austerity-ridden society. Right after his arrival to Athens from Brussels and Kefalonia where he visited the earthquake-hit area, prime minister Antonis …

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Get a job via social media: Greek Twitter-user helps jobless via #aggeliesergasias

“My children are abroad, my sister’s children are abroad, some other nieces too.” The lady was talking to her walking companion. “Where did they do?” the other woman asked and the first answered “Oh, one is in Paris, one in New York, one in London, one in Sweden…” I didn’t …

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Caspian Sea gas project picks TAP pipeline. Revenues and jobs for Greece

TAP pipeline won the tender to channel natural gas form the Caspian Sea to Europe. the pipeline will collect Azerbaijani gas in Turkey and carry it across Greece and Albania before reaching southern Italy, stretching 870 kilometers (540 miles). BP, the main developer of the Shah Deniz gas field in …

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Greek gov’t to issue 86,000 ‘civil mobilization’ orders for teachers …before the strike

Greek government is determined to have university entrance exams take place as scheduled. Starting date is the 17th of May 2013, not matter what. Therefore, after the teachers’ union announced on Friday that they would launch a strike, the education minister rushed to prime minister. Antonis Samaras signed a “civil …

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EU Leaders Approved €120-Billion Jobs-, Growth-Plan via EIB

European Union leaders approved a 120 billion-euro ($149 billion) plan to promote growth in the 27-nation bloc that includes a capital boost for the European Investment Bank. The government chiefs agreed on a 10 billion-euro capital increase for the EIB today as a centerpiece of the long-term growth plan, which …

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Barroso Will Save Greece With Additional 15% Salary Cuts

 Jose Manuel Barroso, president of the European Commission revealed during a speech at the European Parliament how he will save Greece as a country and Greeks as citizens. In a 42-page long communique, Barroso suggested several areas where immediate actions should be taken to “show promising results by the end …

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