Greece wages

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Greece: How Far Can Wages Plummet?

ATHENS | By Kathimerini via Presseurop | Whether they are recent graduates or older workers re-entering the workforce after a period of unemployment, Greeks of all ages must accept lower and lower wages. Recent graduates are not the only ones concerned. There are also those over 40 or 50 years old who have lost their jobs. If they find a new one, they cannot expect to ask for more than €700. How much can pay be reduced?