Troika send Greek coalition government back to the drawing board

Author: Pete Jackson | Category: News

The EU/ECB, IMF have only accepted Eur 6 bln of the proposed Eur 11.5 bln of savings and the Troika’s now pushing for public sector sackings as one item to make up the shortage, with the mission sceptical over Greece’s long-term saving capabilities particularly in the public  and local authority sectors

That’s not going to go down well with the Greek coalition who wanted to avoid any direct sackings and go down the route of voluntary redundancies, but time is running short ….

More…. ekathimerini

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