EUSSR requires 6-day working week in Greece

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RT

A leaked email sent to the Greek Ministries of Finance and Labor from the Troika says Greek private sector workers should work six days a week and longer hours.

The letter, which was published on August 31, shows that the Troika expects the Labor Ministry to implement a number of other new measures. They include reducing the notice period before firing a worker, and cutting certain severance packages by 50 per cent by giving employers the right to reduce workers’ time in service. Restrictions on overtime are also expected to come into effect.

“It also wants a dismantling of the labor inspectorate which is the public service that is responsible for implementing labor law. So it’s not only about making the labor market more flexible,” Panagiotis Sotiris from the University of the Aegean told RT.

The email was sent ahead of meetings between Prime Minister Antonis Samaras and his coalition partners, the PASOK Socialists of Evangelos Venizelos and the Democratic Left of Fotis Kouvelis, according to the financial newspaper Imerisia.

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“I think we are going to see a total dismantling of labor law which would possibly even include a 7 day work week. It’s also interesting that they are trying to reduce the number of hours between shifts to only 11 hours. So their idea is that an employer can call up an employee at any time, giving the employee no stability of working hours,” Sotiris said.

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Extinguishing Democracy in Land Where it Began

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Greek protesters threw stones and firebombs at riot police who responded with tear gas in Athens as clashes erupted on the sidelines of a protest against new austerity cuts

Photo: AFP/Getty Images

By Christopher Booker

Greece’s plight has alerted the world to the way the EU extinguishes democracy.

It is peculiarly appropriate that the country that gave the world the words “democracy” and “tragedy” should now be the beacon which alerts the world to the fact that the EU is extinguishing democracy – part of a wider tragedy that will eventually lead to the extinction of the EU itself. But what of our own country’s part in this horrible drama?

It already seems an age since we were told, last June, that David Cameron had “won his fight” to prevent the EU extracting a loan of billions of pounds from Britain to help Greece pay off some of the colossal debt it has run up since it was so foolishly allowed to join the euro. The next move, we learned, was that we would have to lend the money anyway, not through the EU but through the IMF.

George Osborne still cannot promise that he will be able to resist this demand, even though he knows we are having to borrow an additional £2.5 billion every week just to pay for the ever-rising deficit on our own Government’s spending. Thus, in order to lend £17 billion through the IMF to Greece, which it will never be able to repay, we would have to borrow even more money than we are doing already.

The latest contribution to this tragi-farce, it seems, is Sir Mervyn King’s decision to roll the printing presses and conjure a further £50 billion of imaginary money out of thin air. As Fraser Nelson explained in Friday’s Daily Telegraph, this will keep interest rates on annuities at rock-bottom, and thus rob Britain’s pensioners of an estimated £74 billion.

So our pensioners’ money will be disappearing into a bottomless pit of debt, not least to help save the euro, which the EU cannot allow Greece to leave, because this might set off a domino effect, bringing down in turn all those other eurozone countries that have run up debts they cannot repay, and plunging Europe’s and the world’s economy into unimaginable chaos.

There were those of us who long ago came to see that the dream of building a politically united Europe had all the makings of a tragedy doomed eventually to end very badly, and to carry what remained of European democracy with it. But I confess that not even in our worst nightmares did we foresee that it would end quite like this. And even now the end game has hardly begun.

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EUSSR Threatens Greece With Bankruptcy

By Robert Winnett, and Bruno Waterfield

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Merkozy prepare for Press conference, Cannes, France, November 2011

Greece will be cut adrift if bail-out is refused, says EU

Greece last night faced the threat of bankruptcy within weeks after the EU said it would not provide any more funding to the beleaguered country unless it agreed to support the euro bail-out.

The Greek government is expected to be unable to pay wages for state workers and pensions next month without a planned injection of £8billion of EU cash.

George Papandreou, the Greek prime minister, met his French and German counterparts ahead of today’s G20 summit of world leaders.

Mr Papandreou has called a referendum on whether the Greek public supports the bail–out. The decision has plunged the rescue into turmoil.

After more than two hours of tense talks in Cannes, Mr Papandreou announced that the referendum would probably be held on Dec 4. He said: “This is a question of whether we want to remain in the eurozone; that’s very clear.”

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