Greece has agreed to lay off 15,000 public-sector workers by the end of 2012, as international pressure mounts on Athens to agree on austerity measures needed to secure major new debt agreements.
Greece to Cut Public-Sector Jobs
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Category Archives: FREEASIA
Greece To Cut Public Sector Jobs
Greece has agreed to lay off 15,000 public-sector workers by the end of 2012, as international pressure mounts on Athens to agree on austerity measures needed to secure major new debt agreements.
Greek Leaders Delay Talks on Reform
A meeting between Prime Minister Lucas Papademos and other Greek political leaders over a reform program demanded by the country’s creditors has been pushed back a day.
Strike Looms as Greek Leaders Push for Deal
A meeting between Prime Minister Lucas Papademos and Greek political leaders was pushed back a day, as the parties raced to agree on painful reforms needed to win a new bailout.
Sarkozy, Merkel Raise Pressure on Greece
The leaders of France and Germany turned up the heat on Greece, saying the indebted country won’t receive new bailout funds next month unless it implements austerity measures agreed upon with the EU and IMF.
Few Portugal Exports Bring Scrutiny
European policy makers have begun to worry about one similarity Portugal has with Greece: the small part exports play in both their economies.
Few Portugal Exports Bring Scrutiny
European policy makers have begun to worry about one similarity Portugal has with Greece: the small part exports play in both their economies.
Greeks Struggle to Resolve Their Differences
Greece’s political leaders will resume talks after major differences on draconian reforms as part of an international aid package remained unresolved following a marathon meeting.
China Takes On Skeptics of Aid to Euro Zone
Chinese Premier Wen Jiabao offered a forceful justification for helping Europe out of its debt crisis, in remarks that appeared aimed in part at countering public skepticism about using Chinese money to support rich world countries.
China Takes On Skeptics of Aid to Euro Zone
Chinese Premier Wen Jiabao offered a forceful justification for helping Europe out of its debt crisis, in remarks that appeared aimed in part at countering public skepticism about using Chinese money to support rich world countries.
Few Portugal Exports Bring Scrutiny to Bailout
European policy makers have begun to worry about one similarity Portugal has with Greece: the small part exports play in both their economies.
China Takes On Skeptics of Aid To Euro Zone
Chinese Premier Wen Jiabao offered a forceful justification for helping Europe out of its debt crisis, in remarks that appeared aimed in part at countering public skepticism about using Chinese money to support rich world countries.