But while the rescue loan can be taken as read, according herve leger white bandage dress to officials, Greece's debt drama is far from over. A growing number of European policymakers are saying that while the country's future in the eurozone is assured, it is only a matter of time before it defaults on its debt.
Partly because of this, Athens' "troika" of international lenders want guarantees. After being presented with a €2bn budget shortfall this month, the international community wants to ensure that there is no slippage from next year's targeted budget deficit of 6.5% of GDP.
The prospect of further austerity has panicked senior members of the ruling socialist Pasok party, whose traditional power base is in the public sector. The "troika" of lenders is demanding "shock and awe" reforms rather than the softly, softly approach the government has taken so far.
Officials cited in the Greek media said lenders want to see as many as 150,000 redundancies in the next four years, with at least 25,000 taking place immediately. Scores of state-owned entities will also be herve leger pink bandage dress closed.
With economic output in steep decline, Greek unemployment has reached a record 16%.
Addressing an economic conference in the capital this week, the IMF's permanent representative, Bob Traa, said the focus should be on shrinking the state – by far the country's biggest employer – rather than bringing in revenues through a tax collection system that has proved notoriously inefficient.For the centre left government there is growing recognition that guarantees will have to take the form of further belt-tightening among a nation that has endured a barrage of wage cuts, pension reductions, price rises and tax increases and in many cases has seen its purchasing power fall dramatically
Venizelos, a one-time statist par excellence, surprised Greeks by agreeing that the time had come to take an axe to the public sector. "There is white bandage dress a surplus of staff in the wider public sector and the more narrow public sector," he said.
Partly because of this, Athens' "troika" of international lenders want guarantees. After being presented with a €2bn budget shortfall this month, the international community wants to ensure that there is no slippage from next year's targeted budget deficit of 6.5% of GDP.
The prospect of further austerity has panicked senior members of the ruling socialist Pasok party, whose traditional power base is in the public sector. The "troika" of lenders is demanding "shock and awe" reforms rather than the softly, softly approach the government has taken so far.
Officials cited in the Greek media said lenders want to see as many as 150,000 redundancies in the next four years, with at least 25,000 taking place immediately. Scores of state-owned entities will also be herve leger pink bandage dress closed.
With economic output in steep decline, Greek unemployment has reached a record 16%.
Addressing an economic conference in the capital this week, the IMF's permanent representative, Bob Traa, said the focus should be on shrinking the state – by far the country's biggest employer – rather than bringing in revenues through a tax collection system that has proved notoriously inefficient.For the centre left government there is growing recognition that guarantees will have to take the form of further belt-tightening among a nation that has endured a barrage of wage cuts, pension reductions, price rises and tax increases and in many cases has seen its purchasing power fall dramatically
Venizelos, a one-time statist par excellence, surprised Greeks by agreeing that the time had come to take an axe to the public sector. "There is white bandage dress a surplus of staff in the wider public sector and the more narrow public sector," he said.
