2011年11月8日星期二

Every cent was counted, they said

Nonetheless, both of these German workers feel Kurzarbeit was better than mass Rosetta Stone V3 layoffs. "Management wanted to cut our wages by 10 percent, cut three or four days of holidays and cut our Christmas and vacation pay, plus they threatened to let go 700 (of about 2,000) workers," Anna says. "So Kurzarbeit was definitely worth a try."(Reporting by Annika Breidthardt; editing by Stephen Brown, Sara Ledwith and Simon Robinson)- - - -GREECE: There's little to cheer about at home, so Greeks look abroadBy Ingrid MelanderATHENS - With their two-year old daughter Kalliopi busy playing with her activity table in the family's cozy living room and another baby on the way, George and Georgia Katharaki, both 35, look like an idyllic Greek middle class couple. George, a doctor, and Georgia, an English teacher, were lucky enough to be given their northern Athens apartment as a gift by their parents and quickly learned to enjoy the mortgage-free life that many young Greeks had in the boom years after their country's entry into the euro zone.Last April, though, just as the debt crisis forced the Greek government to ask the International Monetary Fund and Rosetta Stone French European Union for a bailout and agree to severe spending cuts, George finished his training as a surgeon only to find it impossible to land work in a public hospital. Around the same time, Georgia, who works in the state system, was forced to take a serious income cut -- losing the 1,350 euros ($1,800) in annual bonuses she had grown used to, a huge hit given her basic pay is just 1,300 euros a month.By the end of last year, the state of their finances was grim. Every cent was counted, they said. Every purchase pondered."If things don't get better here in a year, we are thinking of moving abroad as a family to a country like Denmark or Sweden, where they need doctors and the salaries are better," George said late last year, sad at the prospect of leaving friends and Greece's blue seas and clear skies behind.The crisis in Greece -- the country has registered nine consecutive quarters of contraction -- is reshaping the country. In addition to the tough austerity measures brought in to meet the terms of the 110 billion euro EU and IMF bailout, the optimism of the Rosetta Stone Portuguese good years has all but vanished.

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