[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page:work\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2018\u002Fgreece-workers-pay-price-of-financial-crisis-may-31-2018":3},{"id":4,"slug":5,"title":6,"short_title":7,"intro_text":7,"meta_description":8,"seo_title":8,"path":9,"content_type":10,"locale":11,"go_live_at":7,"first_published_at":12,"page_created_at":13,"published_at":12,"edit_url":14,"breadcrumbs":15,"seo":28,"body_blocks":36,"call_to_action":42,"categories":49,"labels":50,"owner":7,"authors":51,"related_pages":52,"related_sites":53,"in_subsite":54,"contact_page_url":55,"banner_message":56},12605,"greece-workers-pay-price-of-financial-crisis-may-31-2018","Greece - Workers pay price of financial crisis - May 31, 2018",null,"","\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2018\u002Fgreece-workers-pay-price-of-financial-crisis-may-31-2018","pages.newspage","en","2018-06-10T22:12:00.250000+00:00","2025-12-15T15:27:36.837799+00:00","\u002Fcms\u002Fpages\u002F12605\u002Fedit\u002F",[16,19,22,25,27],{"title":17,"slug":18},"World of Work","work",{"title":20,"slug":21},"Collective Bargaining Agreement","collective-bargaining-agreement",{"title":23,"slug":24},"Collective Bargaining Updates","updates",{"title":26,"slug":26},"2018",{"title":6,"slug":5},{"title":6,"description":8,"image":29,"canonical":30,"robots":31,"og_type":32,"twitter_card":33,"locale":11,"created_at":34,"last_modified_at":35},"https:\u002F\u002Fwageindicator.org\u002Fmedia\u002Fimages\u002FSocial_media_preview_image_-_2025.2e16d0ba.fill-1200x630.png","https:\u002F\u002Fwageindicator.org\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2018\u002Fgreece-workers-pay-price-of-financial-crisis-may-31-2018\u002F","index, follow","website","summary_large_image","2018-06-11T00:12:00.250000+02:00","2025-12-26T22:43:29.837083+01:00",[37],{"type":38,"data":39},"raw_html_block",{"content":40,"variant":41},"\u003Cp> According to several experts, ordinary workers are paying the price of the financial crisis and reforms that were imposed in the aftermath of the strike. While consumer prices have not fallen, salaries went down by an average of 15% since 2010. According to the country’s leading labour think-tank the Labour Institute, salary cuts should have led to a cut in the prices of products and services but they didn’t because product markets are to a great extent monopolies or oligopolies. The country has a serious skills mismatch with a highly educated workforce that is often overqualified for the jobs that are available.\u003C\u002Fp>\n\u003Cp>Read on: \u003Ca href=\"https:\u002F\u002Fwww.aljazeera.com\u002Fnews\u002F2018\u002F05\u002Fgreek-economy-vicious-cycle-workers-lose-180528063627556.html\">in English …\u003C\u002Fa>   \u003C\u002Fp>\n\u003Cp class=\"CM3\">\u003Cspan class=\"discreet\">For more information, please contact the editor Jan Cremers or Sanne van der Gaag, Amsterdam Institute for Advanced Labour Studies (AIAS) \u003Ca href=\"mailto:cbn-aias@uva.nl\">cbn-aias@uva.nl\u003C\u002Fa> or the Head of communications at the ETUI, Willy De Backer \u003Ca href=\"mailto:wdebacker@etui.org\">wdebacker@etui.org\u003C\u002Fa>. For previous issues of the \u003Cem>Collective bargaining newsletter\u003C\u002Fem> please visit \u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002FE-Newsletters\u002FCollective-bargaining-newsletter\">http:\u002F\u002Fwww.etui.org\u002FE-Newsletters\u002FCollective-bargaining-newsletter\u003C\u002Fa> or consult the archive with all articles in our database at \u003Ca href=\"http:\u002F\u002Fwww.cbnarchive.eu\u002F\">www.cbnarchive.eu\u003C\u002Fa>. \u003C\u002Fspan>\u003Cspan class=\"discreet\">You may find further information on the ETUI at \u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002F\">www.etui.org\u003C\u002Fa>, and on the AIAS at \u003Ca href=\"http:\u002F\u002Fwww.uva-aias.net\u002F\">www.uva-aias.net\u003C\u002Fa>.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"CM3\">\u003Cspan class=\"discreet\">© ETUI aisbl, Brussels 2018. All rights reserved. We encourage the distribution of this newsletter and of the information it contains, for non-commercial purposes and provided the source is credited. The ETUI is not responsible for the content of external internet sites. The ETUI is financially supported by the European Union. The European Union is not responsible for any use made of the information contained in this publication. \u003Cbr\u002F>This email is sent from \u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002F\">www.etui.org\u003C\u002Fa>.\u003C\u002Fspan>\u003C\u002Fp>","light",{"text":43,"link":44},"Contact us",{"title":43,"url":45,"description":43,"rel":46,"type":47,"id":48},"\u002Fabout\u002Fcontact","follow","internal",24590,[],[],[],[],[],false,"\u002Fwork\u002Fliving-wages\u002Fcontact-us","\u003Cp>Welcome to WageIndicator. Same organisation, same information, new look!\u003C\u002Fp>"]