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Schaeuble is in Greece for the first time since the crisis began. (Photo: World Economic Forum)

German finance minister visits angry Greece

German finance minister Wolfgang Schaeuble is due in Athens Thursday (18 July) just as the Greek parliament, amid large street protests, passed a bill that will see thousands of public sector jobs cut.

The reform bill, needed to secure a €8.6bn tranche of bailout money, will see around 4,000 public sector workers - including teachers and school guards - face dismissal.

On top of that 25,000 civil servants are to be 'redeployed' by end of 2013. Under this scheme, they will receive ...

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Schaeuble is in Greece for the first time since the crisis began. (Photo: World Economic Forum)

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