Plans to restructure…

Plans to restructure the heavily indebted Hellenic Railways Organization (OSE) include reducing staff numbers by 2,800 people, the Transport Ministry said yesterday. Efforts to reduce the company’s payroll will include the transfer of 2,800 workers to other public services where they are needed, the ministry said in a statement. Other positions will be eliminated, as employees retire, while the basic salary of remaining workers won’t be reduced. OSE has accumulated debts of about 10 billion euros.

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