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Athens News Agency: News in English, 05-11-17

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] PASOK: Workers to see drop in real income

  • [01] PASOK: Workers to see drop in real income

    Employees will see a decline in real income for the first time in 12 years, the main opposition Panhellenic Socialist Movement (PASOK) said on Thursday.

    In addition, cuts in state investment would lead to higher unemployment, a loss of European Union funding, and strangulation of the market, PASOK economy spokeswoman Vaso Papandreou said in a statement.

    She was commenting on an EU report on the Greek economy released earlier in the day.

    "The government and its policy coupled with an unprecendented inability to manage the country's economy is leading to a major slowdown in growth," Papandreou claimed.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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