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Wednesday, May. 22, 2013 |  Syndicate content

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Civil servant for life? Not anymore, says Greece

For a long time, Greek political parties have resisted to overhaul their civil service structure. Now, parliament has agreed to a massive reform: 15,000 civil servants are to be laid off by the end of 2014.
Deutsche Welle: May 3, 2013

Greece wants to cut its public sector. This man wants to quit as a teacher. So why did it take two years?

The Greek economy is in crisis. And the case of Alex Christodoulou explains why
The Independent: May 2, 2013

Greece kicks off privatisations with $860 million OPAP sale

Greece has secured the first of the privatisation deals required under its international bailout, with the sale of its 33 percent stake in betting firm OPAP to a Greek-Czech investment fund.
Reuters: May 1, 2013

Greeks protest austerity on May Day

A strike stopped ferry services to the Greek islands and disrupted public transport in the capital Athens ahead of May Day protests Wednesday against Greece's prolonged economic austerity policies.
AFP: May 1, 2013

Fund set to win stake in Greece's OPAP after higher bid

Investment fund Emma Delta has met Athens' demand to raise its offer for a stake in gambling monopoly OPAP (OPAr.AT), sources said, meaning Greece could seal its first big privatisation as early as May 1.
Reuters: May 1, 2013

Cyprus parliament approves bailout

Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt.
April 30, 2013

Greek austerity bill opens way for civil service layoffs

15,500 civil service jobs to be cut by end of 2014
CBC.ca: April 29, 2013

Cyprus tries to make politicians more accountable

Cyprus' president and other politicians will have their immunity from prosecution significantly curbed as part of a package of new reforms aiming to bolster accountability in public life in the crisis-hit country.
The Seattle Times: April 29, 2013

Greece to cut 15,000 jobs for bailout

Greek lawmakers on Sunday agreed to cut thousands of government workers to secure another 8.8 billion euros ($11.5 billion) in bailout funds.
CNN: April 29, 2013

Greek parliament to vote on civil service job cuts

The Greek parliament will vote on Sunday on proposals which would see 15,000 state employees lose their jobs by the end of next year.
BBC: April 28, 2013