Greece

Greece's Labor Ministry plans to introduce over the following days the ''Valid Reason Principle'' into Greek law regarding workers losing their jobs due to redundancy. The new bill will soon come before the Greek Parliament for a discussion and a...

Greece’s betting company is offering a voluntary redundancy program to its 900 employees. Last year a majority stake in OPAP was sold to Czech-Greek fund Emma Delta, marking the country's first major privatization, as indicated by the Troika of...

There is a contradiction in Hellenic Railways (OSE) as approximately 2,500 employees are considered redundant, while train traffic directors report staff shortages. A great part of OSE routes are covered by a single employee, who is responsible for both the...

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...

Greek Ministry of Culture staff, including archaeological sites and museum guards, will go on a 24-hour strike on Friday in Attica and on Crete. Staff are protesting about the layoff of 20 employees in both areas, and contracts for additional...

    More Greeks are in work but over half are struggling to get by on flexible or part-time contracts, data reported in Greek media has suggested. Although many are pleased to be in work, employers are struggling to hire or retain...

One of Greece’s oldest factories; formerly known as Pitsos and founded in 1865, is shutting down. Renamed BSH Hellas; after the acquisition by German Bosch-Siemens Hausgerate, the factory based in Renti, south of Athens, is to shut down by the...

Greek Labor Minister Efi Achtsioglou on Tuesday in a press conference presented the activities of the Labor ministry. She underlined that targeted and effective checks are being made to combat undeclared work. Achtsioglou stated that tackling unemployment is also...

Sir Philip Green, holidaying on his new super yacht on the Greek islands, reacted angrily when Sky News attempted to question him about the closure of retail chain BHS and loss of thousands of jobs and pensions. Following the...

The economic crisis in Greece has hit hard private sector employees with one million of them remaining unpaid for an average of five months, says an Ethnos newspaper report. The decline of labor relations has led one million employees of...

Pick up a stone off the ground, turn it upside down and you will soon discover another thriving virus of corruption lurking under it. To the dismay of citizens, a fine web of dishonesty has deeply infiltrated into the...

Greece's fourth-biggest bank, Alpha Bank, announced on Monday that approximately 21% of its 10,000 employees will enter a voluntary exit plan that was launched last month, aiming to cut costs. Alpha Bank's target is to cut 15% to 20% of its workforce in order to...

Public Servant’s Union (ADEDY) in Greece demands the abolition of the proposed legislation regarding the selection criteria by which Greek public sector senior staff  will be evaluated,  as well as the abolition of  all measures concerning availability and redundancies of employees. In fact,...

Saturday is the last day of the eight-month period allotted for teachers to reapply for a reduced number of positions at Greek technical schools. Last summer, job cuts were scheduled at vocational and technical schools across Greece and staff were asked to reapply...

The University of Athens and the National Technical University of Athens remain closed for the 10th consecutive week. On Friday, the First Instance Court of Athens upheld the action of the Minister of Education, declaring the strike of the administrators...