Author (Person) | Hope, Kerin, Williamson, Hugh |
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Series Title | Financial Times |
Series Details | 10.2.10 |
Publication Date | 10/02/2010 |
Content Type | News |
Greece cut salaries of chief executives at state-controlled corporations on the 9 February 2010 as part of new tax and income measures aimed at reducing the budget deficit and averting an international bail-out. There will also be a pay freeze and a 10% in allowances that together amount to a 4% pay cut for more than 500,000 public sector workers. The measures came at a tense moment in Greece with two days of strikes and demonstrations starting on the 10 February 2010 by civil service and communist-led unions in protest against the Socialist government’s austerity programme. |
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Countries / Regions | Greece |