Greece / Change in Mass Layoff Rules to come

In a bid to attract investment and create jobs, the Greek government has agreed to change the rules regarding mass layoffs, European Economic and Monetary Affairs Commissioner Olli Rehn said in response to a question from a Greek member of the European Parliament.

“The Greek government has agreed to revise its labor legislation. The aim is to introduce measures which, in combination with the recent reforms, can contribute toward attracting investments and support job creation. This is expected to include the revision of regulatory issues concerning the restructuring of enterprises and group layoffs,” Rehn told Nikos Hountis of the left-wing SYRIZA party, as Labor Minister Yiannis Vroutsis was meeting in Athens with Economy Minister Yannis Stournaras. There was no explanation what that meant.

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via Greece Will Change Mass Layoff Rules | Greece.GreekReporter.com Latest News from Greece.