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Greece

ECJ Ruling on Mass Dismissals 'Vindicates' Government Positions, Labor Ministry Says

The European Court of Justice's ruling on the Heracles General Cement Company (AGET Iraklis) case does not bear out gloomy predictions that measures restricting group dismissals must be abolished, while largely vindicating the government's positions, Greece's labor ministry said...

45 Dismissals in Aspropyrgos Hellenic Halyvourgia Unit

On February 2014, Hellenic Halyvourgia company announced the shutdown of its unit in Aspropyrgos and the layoff of 90 from a total of 107 workers.  However, 74 of those workers left under the company's voluntary plan. The decision for...

Dismissals Imminent at 14 Public Organizations

The Greek government is to accelerate its job-cutting measures so as to hit the Troika's target of 11,000 public sector dismissals by the end of 2014. Those at risk of dismissal are those who have been placed in the state's availability-mobility scheme and those suspected of having been hired...

New Dismissals in Public Sector

The Greek government has announced that it will proceed with new dismissals in the public sector since Greece will have to reduce its civil servants by 11,000. The Minister of Administrative Reform, Kyriakos Mitsotakis announced that about 48,910 civil servants...

WHO Predicts 26,000 Dismissals in Greek Health System

The World Health Organization (WHO) announces that there are major impacts in Greek health-system due to financial crisis. The report of WHO, predicts huge cuts and thousands of layoffs in public health sector. This data is connected to the layoffs...

Kyriakos Mitsotakis: 15,000 dismissals by the end of 2014

Kyriakos Mitsotakis, Greek Minister of Administrative Reform, during an interview in Vima FM, talked about the 15,000 dismissals in the public sector by the end of 2014, based on the commitments of the Greek government towards the creditors. He also...

Mitsotakis: The Law for Dismissals will be Applied

The political scenery regarding the dismissals in the public sector seems to be a bit messy. The Minister of Administrative Reform Kyriakos Mitsotakis issued an announcement in order to refute a recent publication according which, the closure of 800...

Law Amendments About Mass Dismissals

The Deputy Minister of Labor Vasilis Kegeroglou referred in Parliament to the legislation concerning mass layoffs. According to the newspaper "TA NEA" he states: " The current legislative framework is outdated and that real protection is only available when the...

Troika Wants 18,000 Dismissals in Banks

The administrations of major Greek banks are prompted by the heads of the Troika to proceed to a dramatic shrinkage of the staff serving in the Greek banking sector. As it was revealed on July 22 by the Greek newspaper...

Troika Demands Immediate Job Dismissals

With the labour reserve measure as a spearhead, the Greek government continues negotiating with the Troika to finalize the State Budget by Sunday. Information indicates that international lenders dispute the sufficiency of the announcement on the labour reserve, and call...

FM didn’t Rule Out the Possibility of Further Dismissals in the Public Sector

Finance Minister G. Papakonstantinou made a step for consensus, stating that opposition party’s proposal includes provisions that the government has already integrated or could integrate in its program. “We will invite the main opposition to a debate on a framework...

Troika Asks For Privatizations, Public Enterprises’ Shutdowns, Mass Dismissals

Greece’s international lenders require tough measures to ensure the country’s willingness to proceed with bold decisions. The negotiations continued intensively over the weekend, while Finance Minister Giorgos Papakonstantinou is leaving to attend Eurogroup meeting. The requirements for the 5th aid...

Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011

The Greek unemployment rate fell to 17.6 per cent of the workforce in April 2019 from 18.2 per cent in March and 19.8 pct in April last year, the Greek Statistical Authority (ELSTAT) said in a report on Thursday. This...

Reports Say Greek Banks to Axe Up to 4,000 Jobs in 2019

Greek banks are expected to cut up to 4,000 positions during the year 2019, various outlets in the Greek media reported on Monday. Most of the reductions, as has happened in the past, are not expected to come through outright...

Worker Strikes in Greece Now a Meaningless Routine

The announcement of Wednesday's general strike in Greece by the two largest labor unions was the second this month. An earlier strike took place on November 14. And if one was to report on any of the details of...