Greece May Have to Slash Up to 200,000 Public-Sector Jobs (FOR BANKER BAIL OUT)
Eat The Bankers
September 29, 2011 9:36 AM EDT
The Greek government faces the unenviable task of cutting tens of thousands of public sector jobs as demanded by Eurozone officials in exchange for the next tranche of bailout money for the beleaguered nation.
According to reports, Greece expects to generate at least 6.3 billion euros in annual savings from the impending job cuts. The Wall Street Journal reported Thursday that the parliament is divided over the proposed redundancies, with several ministries failing to provide a list of workers to be let go.
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