Friday, September 13, 2013

Beware, Greeks; baring your computer gifts

Paul Krugman will no doubt be horrified to learn of the latest in Euro-austerianism;
The Greek authorities have scrapped six days of extra holiday awarded to civil servants for using computers, as part of its austerity drive.
The privilege was granted in 1989 to all who worked on a computer for more than five hours a day.
....The decision comes as part of the government's reform of the public sector in a bid to meet bailout terms.
Greece received two bailouts from the eurozone and the International Monetary Fund (IMF) totalling about 240bn euros (£200bn; $318bn) on the condition that the government imposes cuts and implements restructuring.
What's the multiplier?

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