The Greek parliament has approved the first civil service layoffs in more than a century. The debt-troubled country has to slim down its bloated public sector to receive another tranche of its international bailout.
Labor Minister Andrea Nahles intends to use EU funds to create thousands of jobs for disadvantaged people in Germany. Nahles launched the new scheme with EU Employment Commissioner Marianne Thyssen in Berlin on Monday.
Greeks voted to press the reset button for their country. For both economic and historical reasons, it's now time for Germany to reset its economic policy toward Greece and the southern eurozone, says DW's Jasper Sky.
Following his election victory, Greece's new left-wing leader Alexis Tsipras has formed a new government with the anti-austerity Independent Greeks party. But both parties' lofty promises appear to be unrealistic.
Though Greece's economy was slowly improving, many voters had run out of patience. Less than 24 hours after polling stations closed, leftist Alexis Tsipras has become premier. Joanna Kakissis reports from Athens.
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