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.
The rate of female workers in Germany has risen significantly over the past decade, the statistics office has said. Female employment is way above the EU average, but this applies above all to the low-wage sector.
After months of wrangling, the EU's financiers are back in Athens. The Greek government says it has successfully implemented austerity measures, and claims that a recovery is already underway.
The Australian airline Qantas says it will axe 5,000 full-time jobs as part of a restructuring in response to "tough" international competition. Qantas says its recent financial losses run into hundreds of millions.
Lawmakers in Cyprus have turned down a bill which would prepare for the privatization of three major public utility corporations. The vote puts payment of the next tranche of EU and IMF bailout funds in doubt.
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