Author (Person) | Hope, Kerin |
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Series Title | Financial Times |
Series Details | 8.9.11 |
Publication Date | 08/09/2011 |
Content Type | News |
Greece’s Finance Minister Evangelos Venizelos told the Greek parliament on the 6 September 2011 that he would implement job cuts immediately in the country’s bloated public sector after international lenders turned up the heat on the socialist government. Mr Venizelos’s policy switch followed warnings by Greece’s international lenders that foot-dragging on structural reform would no longer be tolerated. Athens was already lagging behind on 2011 fiscal targets and pressure was mounting on eurozone nations to address its debt crisis. |
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Countries / Regions | Greece |