Greek Unions, Employers Discuss Wage Cuts

greek workers wage cuts
greek workers wage cuts

By Nicholas Papitis


ATHENS, Greece (AP) -- Greek workers and employers launched talks on private-sector wage cuts Wednesday with both sides trying to avoid any reductions in the minimum wage.

The negotiations, which were blocked last week by Communist protesters, follow intense pressure from debt-crippled Greece's international bailout creditors for new labor reforms to boost the country's lagging competitiveness.