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Friday, 14 July 2017

Greece: Civil Service Wages and Jobs; Budget Implications

From eKathimerini

"A draft bill that has been submitted to Parliament by the government paves the way for wage increases for certain local authority workers by offering a range of benefits, as well as guaranteeing job security for current employees and even foreseeing new hirings. Ostensibly intended to regulate the situation with local authority workers, thousands of whom have been employed on renewable short-term contracts for years, the bill is apparently designed to appease them following a series of recent protests, most notably protracted strike action by garbage collectors last month. What remains unclear is how much the measures are likely to burden the state budget and whether the country’s international creditors approve of them – or are even aware of them".

Bill pledging wage hikes and jobs under scrutiny by creditors, eKathimerini

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