Friday, January 27, 2012

Greek unions, employers discuss wage cuts

A woman carries shopping bags as she passes homeless people outside Monastiraki metro station in Athens, on Tuesday, Jan. 24, 2012. Europe and private investors were gearing up for hard negotiations on how to cut Greece's massive debt Tuesday, after the region's finance ministers adopted a tough stance on how much rescue money they would pump into the Greek economy. (AP Photo / Thanassis Stavrakis) Greek workers and employers launched talks on private-sector wage cuts Wednesday with both sides trying to avoid any reductions in the minimum wage.


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