Greece to sack 5,000 civil servants each quarter, report says
Greece will reportedly dismiss 5,000 civil servants this year and then fire another 5,000 each quarter from the start of next year until the end of 2015 to meet the troika’s demands for fewer employees in the public sector.
Skai TV and radio claims that the civil servants will be placed in a type of labor pool. It was suggested a few weeks ago that sacked bureaucrats would receive part of their normal wages for a year before being formally dismissed.
Greece agreed in 2010, when it signed the loan agreement with the European Union and International Monetary Fund, to reduce the number of people employed in the civil service by the end of 2015.
The Finance Ministry’s general secretary for revenues, Haris Theocharis, said that a decision regarding an extension to the June 30 deadline for tax declararions could be taken by June 25.
T...
Canadian investment firm Fairfax Financial Holdings will raise its stake in Greek real estate firm Eurobank Properties to 42 percent from 19, parent Eurobank said on Wednesday.
Fairfax and E...
New PAOK coach Huub Stevens has called for unity among fans after taking charge of the Greek club whose players said they feared for their lives last season because of regular protests.
Gree...
Greek canoeing champion Andreas Kiligkardis died on Wednesday after losing his battle against leukemia.
The 37-year-old had been in a coma since last Tuesday at a hospital in Poland - where ...
The people of this country need to see their politicians start producing real, tangible results. One of the leading factors behind the anger and frustration felt by so many Greeks toward the...
There is no room for ego trips and personal whims when the country’s survival is at stake. The three party leaders who agreed just a year ago to join forces in order to govern the country mu...
