Salaries drop by over 10 pct within a year

Salaries in Greece have declined by a remarkable 10.1 percent within just one year, from the first quarter of 2012 to the same period this year, returning to levels last recorded in 2006.Since the austerity program came into effect in the first quarter of 2010, salaries have dropped 22.3 percent, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.The first ...

READ THE ORIGINAL POST AT www.greekherald.com