150,000 Greek Public Sector Job Cuts Pending As Greece Launches Another Grexit “Plan B” Movement

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“Greece is locked in talks with international creditors in Athens about shrinking the government workforce by enough to keep bailout payments flowing. Identifying redundant positions and putting in place a system that will lead to mandatory exits for about 150,000 civil servants by 2015 is a so-called milestone that will determine whether the country gets a 2.8 billion-euro ($3.6 billion) aid installment due this month. More than a week of talks on that has so far failed to clinch an agreement.”

http://www.zerohedge.com/news/2013-03-12/150000-greek-public-sector-job-cuts-pending-greece-launches-another-grexit-plan-b-mo

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