labor market Archives - Keep Talking Greece

Wages in Greece’s tourism & catering sectors down by 50%-60%

July 29, 2020 Economy 1

Workers in Greece complain that more and more employers in tourism and catering sector force them to work with ridiculously low wages and without social security. Such middle age conditions in the labor market did not exist even during the bailout agreements, workers say. Wages have fallen by 50%-60%, says …

Tsipras pledges wages hikes, “end Dark Ages in labor market”

May 23, 2018 Greece, Politics 1

Greek Prime Minister, Alexis Tsipras, has pledged to wages hikes and to “end the dark ages” in labor market and dramatically decrease “black labor.” After August 2018, “there will be no more memoranda,” the Greek prime minister said during the plenary “Hour of political leaders” about economy in the Parliament …

Dijsselbloem admits “We used taxpayers’ money to save the banks”

November 10, 2017 Economy 2

“We had a banking crisis, a fiscal crisis and we spent lot of the tax-payers’ money – in the wrong way, in my opinion – to save the banks” outgoing Eurogroup head Jeroen Dijsselbloem said adding “so that the people criticizing us and saying that everything was being done for …

“We are planning the next day for Greece,” says PM Tsipras

July 27, 2017 Greece 4

The summer of 2017 will be calmer but this was not a time for complacence, Prime Minister Alexis Tsipras said on Wednesday in an televised interview with Greece’s Alpha channel, one day after Greece’s successfully ventured forth to tap the markets. “We took an important step, which marks the beginning …

One more Eurogroup for Greece as three major reforms remain open

March 20, 2017 Economy 1

One more Eurogroup for Greece as eurozone finance ministers meet in Brussels later on Monday. One more Eurogroup without great expectations like concluding the second review. The Greek government anticipates a sign of progress and looks towards the next Eurogroup meeting in April. Aim of both sides is to bridge …

Mafia-Style Labor Market: Employers extort part of employees’ salaries

March 9, 2017 Social 12

Mafia-style practices in Greece’s labor market: employers hire people with criminal records to extort part of their employees’ salaries. An incredible denouncement has been made by the Association of Private Sector Employees. Workers go to ATMs in the escort of employers’ henchman and give back to employer part of their …

Labor Minister: 125,000 workers earn less than €100 per month

December 16, 2016 Economy 1

Greece’s labor minister Efi Achtsioglou might have shocked German journalists during a press conference in Berlin on Thursday. She said that in times of bailout agreements, the minimum wage fell by 22% and by 32% for young workers under 25 years old. “Greece is now a country with low minimum …

Greece’s labor market: “Galley conditions” as unemployment still at 24.2% and minimum wage is going down

May 31, 2016 Society Comments Off on Greece’s labor market: “Galley conditions” as unemployment still at 24.2% and minimum wage is going down

I read today that unemployment in Greece dropped down to 24.2% in February 2016. In comparison, general unemployment was at 24.4% in January 2016 and 25.8% in February 2015. That’s definitely good news even though I am not sure about the correspondence of real people to a percentage difference of …

“I could go back to my village, lay down and die” – Jobless middle-aged women in Greece

May 11, 2015 Society 4

She sat in front of the television set Monday morning and watched the party of the cleaners who have been hired again by the Finance Ministry. She watched the smiling faces of the 595 women who had been protesting outside the ministry in downtown Athens for 20 months. She watched …

Something is moving in Greece after 4 years of depression & austerity

March 19, 2014 Economy, Society 3

I really do not understand why the unionists of public and municipality sector staged a protest in downtown Athens and a 48-hour strike. Didn’t they hear Prime Minister Antonis Samaras announcing on Tuesday a couple of measures to provide relief to society with resources coming from the primary surplus of …

New Greek phenomenon: job vacancies seek personnel on ‘voluntary basis’

December 2, 2013 Society 1

In Greece of recession and IMF loan agreements reality of labor market has turned worse than in our worst nightmare. Employers not only pay their employees with up to six months delay. A new phenomenon has recently arose in the Greek labor market. Employees offer job vacancies and thus on …

Labor Ministry to register …quicksand movements in Greece’s private sector

September 10, 2013 Economy Comments Off on Labor Ministry to register …quicksand movements in Greece’s private sector

What’s the purpose of this waste of money and time? And thus in a labor market environment that moves with a speed of quicksand responding even to the touch of a light tree leaf? Greek Labor Ministry wants to register all employees across the country. You know all these workers for …

Labor Dark Ages: Work More, Get Paid Less – The Troika-guys get heavily on my nerves

May 6, 2011 Economy Comments Off on Labor Dark Ages: Work More, Get Paid Less – The Troika-guys get heavily on my nerves

The technocrats from International Monetary Fund, the European Union and the European Central Bank are convinced that citizens of a bailout country should not be humiliated only on the papers, they should be humiliated also in practice. The so-called Troika-guys decided that an 8-hours work per day and a salary …

Greek Tricks in Labor Market: Option for Civil Servants to Work in Private Sector?

April 13, 2011 Economy, Society Comments Off on Greek Tricks in Labor Market: Option for Civil Servants to Work in Private Sector?

Greek government is considering to give some employment options to civil servants and thus at the expenses of private sector employees. Daily TA NEA reports that civil servants will be given the incentive for an unpaid leave and employment in the private sector. The civil servant will be granted the …

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