Giorgos Katrougalos, SYRIZA MP, high-ranking part official and former Foreign Minister in Tsipras government, announced his withdrawal from the upcoming elections on May 21. 60-year-old Katrougalos who is also a jurist and professor for public law, announced his withdrawal on Thursday after stating that social contributions for self-employed may go …
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Greece’s top court rules for backdated payment of wrongfully cut pensions
The Council of State, Greece’s supreme administrative court, on Tuesday ruled in favor of the backdated payment of pensions that were wrongfully cut between June 2015 and May 2016. The court ruled in favor of pensioners who had appealed against the pension cuts, seeking the backdated return for the above …
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Hand-grenade thrown at Russian Consulate in Athens, police suspects leftish groups
Two people on a motorbike threw a hand grenade at the police booth outside the Russian Consulate in Athens on Friday morning. “Last night, two strangers, riding by the consulate of the Russian Embassy on a bike, threw an explosive device at a police booth located near the consulate… Minor damage has been inflicted,” the …
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Turkey cannot be excluded from energy issues in Mediterranean, says Greek FM
Greece’s Foreign Minister Giorgos Katrougalos ruled out Turkey’s exclusion on energy-related issues in the Eastern Mediterranean area. He said that Turkey has kilometer-long shore at the Mediterranean Sea and therefore also rights in the area. The Greek Foreign Minister met with his Turkish counterpart, Mevlut Cavusoglu, in Antalya on Thursday …
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EPP chairman Weber is spreading “fake news,” says Greek Foreign Minister
Greek Foreign Minister, George Katrougalos has accused Manfred Weber, the European Peoples Party (EPP) candidate for European Commission president, of “reproducing fake news.” The Foreign Minister was responding to a tweet posted by Weber and in which he claimed that Athens was refusing “70,000 Greek nationals the right to vote …
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PM Rama: “Albanian & Greece are in talks over potential border change” to expansion of territorial waters in Ionian Sea”
Albanian Prime Minister Edi Rama suggested that Greece and Albania are in talks over potential border change. Speaking during an interview with Albania’s Vizion Plus TV on Thursday, Rama appeared to suggest Athens and Tirana are in talks over potential border changes. The comment was made in the context of …
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Greece calls on Albania to release body of killed ethnic Greek, protect minorities
Greece has called on Albanian authorities to give the body of the killed ethnic Greek to his family and respect the protection of the Greek minority. Alternate Foreign Minister Giorgos Katrougalos urged Albanian authorities to “immediately satisfy the request of the family and release the body” of 35-year-old Konstantinos Katsifas …
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Pension cuts: Greeks need to live up to 101 to amortize social security contributions
Greek workers will need to live to be 1o1 years old in order to be able to amortize the social security contributions they paid during their working life. This is a very realistic estimation given the new Greek realities: increasing contributions and retirement age and part-time work and sharp pension …
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Low-pensioners see cuts of 30% as pensions reform 2016 goes into effect
While creditors and Greece negotiate for further pension cuts after 2019, the provision of the pension reform of 2016 goes into effect as of today. Especially affected are pensioners with disabilities, pensioners with 15 years of work and widows, who will see their pensions cut by 30%. Workers who went …
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Greek Deputy FM invites Turkey to carry out Erdogan referendum rallies
Greece’s Deputy foreign Minister Giorgos Katrougalos invited Turkey to carry out referendum rallies to expand powers for president Recep Tayyip Erdogan. The move comes amid a severe diplomatic row between Turkey and the Netherlands and when one after the other European countries prohibit Turkish politicians from campaigning. At the same …
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Two former PASOK-Ministers claim Greece is being ruled by “officials with psychological problems”
I don’t know if the World Mental Health Day on October 9th had an “inspiring” effect on some people who used to govern Greece. But today a current financial official and a former politician with high profile, both PASOK, claimed that Greece is and has being ruled by people with …
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45% of Greece’s pensioners live below poverty line
45% of Greece’s pensioners live below the poverty line. They receive monthly pensions below 665 euro gross. The data has been released by the Greek Pensioner’s Network and shows the dramatic situation in which 1.2million pensioners experience after the repetitive cuts and hikes for health contributions. Unions stress that 13.7% …
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Labor Minister: No Greek will be poor with €384/month National Pension
For one more time, Greece took a leading role in setting new standards within the European Union and lowered the poverty line threshold from €6,000 annual income down to €4,608. fixing the threshold at 60 % of national median income Labor Minister Giorgos Katrougalos told private Skai TV on Wednesday …
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SYRIZA claims to burden more the rich – but poor to pay their share too
Vanitas vanitatum et omnia vanitas – Vanity of vanities and all is vanity. In the sense of “earthly life and the worthless nature of all earthly goods and pursuits.” Although atheists in the majority, left-wing comrades of SYRIZA seem to be deeply religious though. One can see a religion-based philosophical …
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The Greek Nightmare: Death by social contributions hikes for self-employed & free-lancers
I thought it was a bad joke or some kind of anti-government propaganda when I read the news yesterday: that self-employed and free-lancers will face hikes of more than 200% in social security contributions. I was wrong. It is not a bad joke but a bitter reality. According to government …
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If pensions and salaries at €750 gross, prices for good & services have to be decreased accordingly
The great pensions slaughtering. Ops! In creditors’ language we call it nicely “the great pensions reform”. Labor Minister Giorgos Katrougalos submitted the Greek government proposal in an e-mail file containing 170 pages. the creditors’ received it and are reportedly evaluating it. As Katrougalos’ proposal was leaked to the press, the …
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Greece’s new model: “Flexible Pensions” based on family “assets & income criteria”
Nothing will be ever be the same after the thorough overhaul – call it “structural reform” – of the Greek social security system. Τhe working years aka social security contributions will rise but at the same time the monthly pension amount will dramatically decrease. I do not know how long …
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