Rats abandoning ship in Greece

12:32 pm Economics and Finance

This isn’t surprising given the previous behaviour of civil servants in Greece.

Aug. 12 (Bloomberg) — More than 11,000 Greek state-school teachers have asked to retire before changes are made to the pension system, raising the threat of a shortage of educators for the new school year.

A total of 11,466 elementary and high-school instructors applied for retirement, the Athens-based Education and Religious Affairs Ministry said in a statement yesterday. That compares with 4,355 at the same time last year.

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Arran Gold

One Response
  1. real conservative :

    Date: August 12, 2010 @ 1:40 PM

    It’s a lot worse than this even. I have a cousin that married a Greek national and lived in Athens for years. Guess what? They are all in the process of coming to Canada as the good times are over in Greece. Expect a lot more of this as millions could exit Greece for greener pastures at a time when they need people to earn income and prop up the economy there.

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