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Greek PM Papademos is reportedly considering quitting if he cannot get the 3 parties in the...

Greek PM Papademos is reportedly considering quitting if he cannot get the 3 parties in the ruling government coalition to agree on the latest reforms mandated by Brussels. Among the measures are a cut in the €751/month ($976) minimum wage and a 25% cut in private sector labor costs. (see also)
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Comments (2)
  • Josh Krause
    , contributor
    Comments (1361) | Send Message
     
    That certainly sounds bullish. Uncertainty is bullish right?
    3 Feb 2012, 08:03 AM Reply Like
  • ykp3888
    , contributor
    Comments (22) | Send Message
     
    Got to cut down on Ouzo. Can they live on a further pay cut? More ppl jobless mean less tax revenue equal to spiralling downward further. So how are they going to repay their debt? Guess more Great $ chasing after the rotten one. The next and the next and the next generation will be slogging like cow to pay off the debt. The only way to resolve is to RESET back to 0 like playing game...Reset and you get back your 5 chances to start fresh over again else You Lose...Defualt and get it over with and pass the ball to others PIIGS. Stop holding the ball...
    3 Feb 2012, 08:47 PM Reply Like
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