It appears that the Greek government has made a deal with troika to free massive layoffs, and therefore abolishing the 5% limit, bypassing the law through ministerial decision.
According to the newspaper Avgi, the government with troika "have planned a Greek innovation, according to which the massive layoffs could be done without the Minister's approvement, but instead ... bypassing him. Which means that, if the Minister of Labour will not make a decision in short time, layoffs will be considered as granted".
According to the article, the process will be passed as an EU community order which contains some typical commitments for the businesses. In this way, government will avoid the parliamentary process to change the law, something which could cause a "governmental accident".
We are now in a transition phase, where Nation-States self-deconstructed. This means that they use their legislative and what is left from their democratic power, with an ultimate goal to self-abolish. It is a fact that, the more the democracy decreases, as well as human rights in various levels (labor rights, atomic freedoms, personal data etc.), the more we are passing in a vicious circle, a non-returning point, which downgrades democracy and institutions. Neoliberalism is a transition phase to what the economic elites are dreaming: anarcho-capitalism.