Euro Crisis Loosens Unions' Influence on Pay
ATHENS—Vassilis Masselos needed to cut labor costs last year at his family owned lingerie company, after Greece's economic crisis smacked his business with a drop in demand "so sharp that it's extremely difficult to manage." Before the crisis, Mr. Masselos would have been bound by a wage deal negotiated between the retail-sector union and the At
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1 reader comment
wrote on
August 08, 2012
11:59 AM