This week saw a wave of announcements from radical leftwing Syriza party leader Alexis Tsipras’s new government. Neither the unions nor business leaders have held back with their reactions.
Right from the new government’s first week in power the privatization policy has been halted. Privatization of the ports of Piraeus and Thessalonica as well as the country’s largest utility, the Public Power Corporation of Greece has been stopped. The minimum wage has been raised. Thousands of redundant public sector employees have been reinstated. Pensions for retired people on low incomes have been raised. Neither unions nor businesses have been left indifferent.
Privatization moves frozen.
…Do you have information to share with us?