By editor
Originally published on Wed February 8, 2012 3:42 am
Transcript
RENEE MONTAGNE, HOST:
The deal Greek officials are working on includes several more painful concessions. Among them, reducing the minimum wage.
Joanna Kakissis reports from Athens on how strong unions secured those wages and why some economists say those guarantees have to go.
JOANNA KAKISSIS, BYLINE: The minimum wage in Greece is about one $1,000 a month before taxes. International lenders say it must be reduced to about $780 a month to make the Greek economy more competitive.
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