Greece Approves Dismissal of 30,000 State Staff

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Under the so-called labor reserve plan, which George Papandreou’s cabinet passed last night, 30,000 public sector workers will be suspended from their duties on 60 per cent pay by the end of December. If, after a year, they fail to find another civil service position, they will be dismissed.

The cabinet also approved a draft budget for 2012 that will see additional cuts and tax-raising measures worth €6.6 billion.

After the meeting, the finance ministry confirmed that Greece will miss its 2011 and 2012 budget deficit targets set by the EU and the International Monetary Fund, with the deficit for this year expected to reach 8.5 per cent of gross domestic product, above the target of 7.8 per cent.

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About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
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