Greek parliament approves job cuts

The Greek parliament has approved 15-thousand state employee job cuts to guarantee enough bailout money from global creditors.

The BBC is reporting that over 4-thousand civil servants will be jobless by the end of this year. 

Another 11-thousand could lose their jobs by 2015.  

The three parties putting together the ruling coalition support the new bill but critics say the law will only raise Greece’s record 27 percent unemployment rate.

Flickr Photo by: Paspro

STORY WRITTEN BY: NATASHA TAGGART