Calamos Supports Greece

public sector employees

Greece Sees Huge Rise in Public Sector

The number of public sector agencies in Greece skyrocketed between 2015 and 2017, despite a government commitment to reduce it, a Kathimerini newspaper report has claimed. Specifically, from 2015 -- when the SYRIZA-Independent Greeks coalition came to power -- until...

Public Sector Employees to Demonstrate Against Work Evaluation on Monday

The public sector employees' union ADEDY will be staging a rally in central Athens on Monday to protest against the evaluation scheme proposed by the Ministry of Administrative Reform. The civil servants will gather outside the ministry building on Vassilissis...

Greek PM Tsipras Promises More Hirings in Public Sector

Greek Prime Minister Alexis Tsipras on Wednesday promised more hirings in the public sector and announced that a new plan for administrative reforms will be presented soon. Speaking in the Ministry of Administrative Reform, Tsipras presented the national strategy for...

Greece's Public Sector Is Aging

Greece's public sector is growing older, with the average age going up to 45.3 years, according to new data from the Ministry of Administrative Reconstruction. According to the data presented by Kathimerini newspaper, there are 195,575 administrative employees, 352,969 doctors,...

Wage Costs in Greece's Public Sector Increase While Shrinking in Private Sector

Wage costs in Greece's public sector increased in 2016, while at the same time private sector employee costs shrank, according to Eurostat. The European Union statistical authority figure show that in the fourth quarter of 2016, hourly labor costs to the...

There Are 567,000 Public Sector Employees in Greece

The Greek Civil Servants' Confederation (ADEDY) on Tuesday released data on the number of public sector employees who now amount to 567,000. ADEDY announced the figures at a press conference ahead of Thursday's general strike of civil servants, in protest...

Greeks See Wages and Pensions Slashed as New Round of Austerity Begins

The summer of 2016 turns out to be another summer of discontent for Greek pensioners and wage earners who see their incomes slashed, as a new round of austerity begins after the imposition of the new bailout program measures. It...

Greek Education Min Proposes to Legalize 2,500 Civil Servants With Fake Degrees

The proposal of Greek Education Minister Nikos Filis to legalize 2,500 public sector employees who were hired using forged school degrees has caused an uproar among opposition parties. Reportedly, Filis stated that the 2,500 people who had been hired in...

234,857 Employees Leave the Public Sector Due to Economic Crisis

The number of public sector employees has been reduced by 26 percent in the past five years, since the onset of the economic crisis in Greece. Salary reduction, changes in pension laws, employee transfers and voluntary resignations have led to...

President of Republic: No Surplus of Public Sector Employees in Greece

President of the Hellenic Republic Prokopis Pavlopoulos said that there is no surplus of public sector employees in Greece and that there are shortages in some areas. The Greek president and Deputy Minister of Administrative Reform Christoforos Vernardakis had a...