Greece to revive public servants dismissal plan - source

 

 http://newscdn.fooyoh.com/Reuters_Business/2012-08-09/2012-08-09T121834Z_1_CBRE8780Y7100_RTROPTP_2_GREECE.JPG

ATHENS | Thu Aug 9, 2012 8:17pm IST

(Reuters) - Greece will revive the labour reserve measure targeting 40,000 public servants for eventual dismissal, determined to achieve the 11.5 billion euros in savings it promised international lenders, government officials said on Thursday.

The government's economic team will present details of the plan, once a political taboo in Greece, to the political leaders supporting the ruling coalition as the only way to convince international lenders to keep cash-strapped Greece afloat.

"The labour reserve plan will go ahead this time," one senior government official told Reuters on condition of anonymity. "Last time, it just didn't happen."

http://in.reuters.com/article/2012/08/09/greece-layoffs-idINDEE8780...

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