STEVE INSKEEP, HOST: NPR's business news starts with massive layoffs in Greece.</s>STEVE INSKEEP, HOST: Greek lawmakers approved emergency plans to cut 15,000 government jobs by the end of next year. They have to do that in order to receive more European Union bailout funds.</s>STEVE INSKEEP, HOST: The Greek parliament approved a measure in a vote on Sunday. Their new law will overturn what had been a constitutional guarantee for public sector workers to have a permanent position for life.</s>STEVE INSKEEP, HOST: There were street protests outside parliament against this move, but all three parties in the governing coalition supported the plan.
Greek lawmakers approved emergency plans to cut 15,000 government jobs by the end of next year. They have to do it in order to receive more European Union bailout funds.