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The Wasp
Mr Raccoon

A new idea from Greece – the negative salary where you pay to have a job.

The details of the EU driven raping of Greece to save the European banks reveal some interesting consequences as in this from ZeroHedge :

Salary cutbacks (called “unified payroll”) for contract workers at the public sector set to be finalized today. Cuts to be valid retroactively since november 2011. Expected result: Up to 64.000 people will work without salary this month, or even be asked to return money. Amongst them 21.000 teachers, 13.000 municipal employees and 30.000 civil servants.

Don’t you just love governments who resort to retrospective legislation?

Nothing like that could happen here surely?

Well, the UK already has a track record in changing the law after the event – it just hasn’t been used on a wide scale … yet …

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