A new six-day workweek in Greece?
Greece is moving toward a six-day workweek, with regulations coming into effect on July 1 that make this possible for certain industries. The government hopes this move, which comes as other Western countries and companies are considering shorter office hours, will help deal with a labor shortage and, among other things, fight black market labor.
Dr. Jens Bastian, an expert with the German Institute for International and Security Affairs in Berlin with a deep knowledge of Greece’s economy, joins Thanos Davelis to look into this decision to extend the workweek, and break down whether it can solve the problems the government hopes to tackle.