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The Agora => Greek News => Topic started by: BeeTee on Friday, 08 May, 2015 @ 09:35:29

Title: Defiant Greece rehires public staff despite bailout talks
Post by: BeeTee on Friday, 08 May, 2015 @ 09:35:29

Quote

Greece is rehiring thousands of public sector workers, including cleaning ladies, despite sustained pressure from its international creditors.

Greek MPs passed a law to give back jobs to some 4,000 workers who were laid off under severe austerity cuts.

It comes as Athens seeks a deal on more financial aid ahead of a meeting of eurozone finance ministers on Monday.

Greece is running out of money as it has to pay €750m ($845m; £555m) to the International Monetary Fund on 12 May.

International creditors have demanded cuts in spending, including plans to trim the civil service and privatisation of state assets, in order for Greece to continue receiving loans.

http://www.bbc.co.uk/news/world-europe-32630338

Title: Re: Defiant Greece rehires public staff despite bailout talks
Post by: Maik on Friday, 08 May, 2015 @ 22:51:24

Nice thought to create some employment from the mire of joblessness but, er, with what will they be paid? I'm not sure they'd want the suggested parallel currency IOUs (http://www.telegraph.co.uk/finance/economics/11588763/Greece-could-use-parallel-currency-as-desperation-grows.html).