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polly7

(20,582 posts)
Sun Dec 16, 2012, 01:10 PM Dec 2012

Poverty And Social Exclusion Rising In Greece

By Leonidas Oikonomakis

Source: Roarmag.org

Sunday, December 16, 2012

So, for you to get it straight, I repeat: the disabled will “contribute to the salvation of the Greek economy” 82 million euros that they absolutely need for their decent and dignified survival, while the ship-owners, who constitute 0.7% of the Greek population while controlling 60% of the nation’s total wealth, will “contribute” a grand total of 80 million. This gives you a clear idea of who is paying the price of austerity measures imposed by the Troika and executed by the Greek government.

In Greece, we know well who is paying for the crisis. A good question to ask would be: who gains? Apart from Greece’s private creditors, could it be the multinational corporations, which are now swooping in to benefit from the country’s dramatically reduced labor rights and privatization schemes? Again, I will give you an example that I recently read in the press. Kostis Hatzidakis, the Minister of Development, announced proudly that Unilever, an Anglo-Dutch multinational consumer goods company, will from now on produce 110 of its products that it used to produce abroad, in Greece. He also mentioned that this will boost employment and that his government wants to create a business-friendly environment in Greece in order to attract “investments” for “development”.

What Hatzidakis did not mention are the conditions under which the future employees of Unilever — and whatever other multinational decides to “invest” in Greece bringing its production facilities or, maybe, buying its state owned enterprises — will have to work. Let me present them to you: Unilever’s Greek employees will be paid slave salaries (586 euros is the minimum wage today, down from 751 euros before the crisis, while for young workers under the age of 25 it stands at 510 euros: below the poverty threshold!). They will only have minimum labor rights. They will have to work 6 and maybe 7 days a week. They will only have a minimum of 11 hours rest before getting back to work (from 13 that it was so far). And they will be extremely easy to fire without compensation — as the government effectively rid itself of pesky labor rights.

All the above is a direct result of the austerity measures and structural reforms the Greek government has taken so far to create a “business-friendly environment” and bring in “investments” and “development”, as they like to say. And the question remains: for whom?


http://www.zcommunications.org/poverty-and-social-exclusion-rising-in-greece-by-leonidas-oikonomakis
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