Greece’s coalition government on Monday caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.
The announcement signals a major shift in Greece’s policy, as state jobs have so far been protected during the country’s acute financial crisis, which started about two years ago. Public Sector Reform Minister Dimitris Reppas said the job cuts would be carried out under a new law that allows such firings.
Greece is racing to push through painful reforms and clinch a euro130 billion ($170 billion) bailout deal from its European partners and the International Monetary
Read More at : http://townhall.com/news/world/2012/02/06/greek_crisis_talks_for_debt_deal_pushed_to_monday
