ONE HUNDRED THOUSAND public sector jobs in Greece could be for the chop under new demands buy the Troika of the EU, ECB and the IMF.
Greek newspaper Vima has published an email sent by the Secretary General for Fiscal Policy Ilias Pentazos to ministers, in which details of urgent measures required by the Troika are contained.
As well as suggestions of 100,000 job cuts in the public sector over the next two years, there are also demands for deeper pension cuts.
The Wall Street Journal reports that eurozone partners are withholding the next tranche of Greece’s bailout. Greek PM George Papandreou cancelled a trip to the US so that he could oversee emergency meetings.
According to Reuters the country’s finance minister said that Papandreou needed to take part in discussions with international lenders.
The German Finance Minister has told newspaper Bild am Sonntage that the “Greeks must produce the numbers that show things are according to plan”.
There are fears that further austerity measures could lead to more strikes and protests in Greece. There were violent scenes in Athens in June as the Greek government voted on an austerity package.