Wednesday, September 5, 2012

Greeks should work a 6 Day Week for Less Pay says the EU

Greeks should operate a six-day working week for all sectors, international creditors said in a letter to the Greek government, a measure which forms part of a wider set of demands in return for aid to the country.

In the leaked letter, reported in the Guardian newspaper, the European Commission, European Central Bank and International Monetary Fund call for Athens to implement the measure as part of the bailout agreement with lenders.

According to the paper, the letter states that more flexibility must be implemented to work schedules, including working into the weekend by increasing the number of maximum working days to six.

The paper printed the following extract from the letter: "Increase the number of maximum workdays to six days per week for all sectors. Increase flexibility of work schedules; set the minimum daily rest to 11 hours; delink the working hours of employees from the opening hours of the establishment; eliminate restrictions on minimum/maximum time between morning and afternoon shifts; allow the consecutive two-week leave to be taken anytime during the year in seasonal sectors."

Greece has had to agree to an austerity package and stringent labor market reforms in order to continue receiving payments from its creditors. Read More