Sunday March 29, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Coalition hopes to avoid restoring armed forces wages in full

A meeting between Finance Minister Gikas Hardouvelis and representatives of the armed forces and emergency services, which was due to take place on Monday, has been called off as the government reconsiders its options on how to restore these groups’ salaries.

It emerged on Friday that the government believes that, despite a court ruling, it might not have to repay the whole amount of wages that soldiers and police officers have lost since July 2012, when the salary cuts were implemented. Sources said the coalition also believes the court verdict allows it not to restore salaries to their previous level but simply to impose cuts that are smaller than the 10 percent inflicted two years ago.

As things stand, the government will have to come up with around 650 million euros to cover the wages that need to be returned and to restore them to previous levels. However, this would be a substantial blow to the coalition’s attempts to meet this year’s fiscal targets. “The government decides fiscal policy, not the judiciary,” Hardouvelis said earlier this week, hinting at the coalition’s intention to find a way that would not involve it paying back the full amount.

The Council of State’s ruling earlier this year said that the government would have to return the wages of those serving in the armed forces or emergency services but added that salaries had been reduced by too much. The decision has been examined by the State’s Legal Council, which has advised the government that the ruling means it is not obliged to return salaries to their pre-July 2012 level.

Sources also said that the New Democracy-PASOK administration would seek to pay back any money in installments, possibly stretching them out over a period as long as five years.

Hardouvelis met on Friday with Prime Minister Antonis Samaras and Deputy Premier Evangelos Venizelos to discuss this issue but the meeting, in which several other government officials also took part, also focused on the multi-bill that the coalition is due to submit to Parliament shortly in order to complete the “prior actions” required by the troika. Once this is done Greece will qualify for another 1 billion euros in bailout loans.

ekathimerini.com , Friday Jul 25, 2014 (20:55)  
Disabled convicts to be freed early
Greek energy minister starts two-day visit to Russia on Monday
Opposition tells Tsipras to get control of his party
Vitsentzos Kornaros passenger ferry finally on its way
Fitch downgrades Greece amid bailout uncertainty
Ratings agency Fitch has downgraded Greeces sovereign rating amid growing uncertainty over the new government's pledge to overhaul reforms needed to restart bailout loan payments and avoid d...
Bank accounts continue to bleed
Pressures on Greek bank deposits have continued in March, with sector officials estimating that households and enterprises have withdrawn a net 3 billion euros in the first weeks of this mon...
Inside Business
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Let´s change the subject
Let’s talk about the weather. The cloudy skies, the rain, storms and humidity, the overall heavy atmosphere. It’s better to think of that than politics and politicians, whatever cuts they ma...
EDITORIAL
Too little, too late?
Many of the measures that are rumored to comprise part of the list that the Greek government is expected to submit to the European Commission, European Central Bank and the International Mon...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Disabled convicts to be freed early
2. Greek energy minister starts two-day visit to Russia on Monday
3. Opposition tells Tsipras to get control of his party
4. Vitsentzos Kornaros passenger ferry finally on its way
5. Foreign laborer dies after falling from 3rd floor of Iraklio building
6. A 5.3 Richter quake rattles area between Crete and Kasos
more news
Today
This Week
1. Fitch downgrades Greece amid bailout uncertainty
2. Opposition tells Tsipras to get control of his party
3. Let's change the subject
4. Greek energy minister starts two-day visit to Russia on Monday
5. Too little, too late?
6. Disabled convicts to be freed early
Today
This Week
1. Next Monday is D-Day for state funds
2. PM faces Merkel amid race to detail reforms
3. Some more equal than others
4. Greece to present reforms by Monday, says gov't spokesman [Update]
5. Looking at the Chinese model
6. Greece optimistic on deal with euro area next week
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.