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Greece’s new “currency”: REPO or Day-Off instead of payment for overtime work

May 31, 2021 Economy, FEATURED 1

It’s not a I-Owe-You, it’s not a Greek made “cryptocurrency”. It’s just unpaid work that will be awarded with “Day-Off” instead of payment. This is just a part of the controversial new labor law that will send workers unions to the streets on upcoming Thursday. Labor Minister Costis Hatzidakis claimed …

Private sector workers in quarantine to work overtime without remuneration

September 1, 2020 CORONAVIRUS Comments Off on Private sector workers in quarantine to work overtime without remuneration

Employees in the Greek private sector will have to work overtime without extra payment if they have to self-isolate due to the coronavirus. The overtime work is up to three hours per day once they return to their workplace to make up for the lost tine. This provision that labor …

Greek Gov’t: no payment to IMF on June 5 without a deal with creditors

May 20, 2015 Economy 5

Greece will not make a payment to the International Monetary Fund if there is no deal with its creditors, SYRIZA’s parliamentary speaker said on Wednesday. “The moment of truth is on June 5,” Nikos Filis told private ANT1 TV. Nikos Filis “If there is no deal by then that will …

“Jobless on voluntary work without payment,” says ex Greek FinMin Doukas

January 7, 2013 Economy, Society 8

Former Greek deputy Finance Minister Petros Doukas came with a revolutionary proposal to reduce unemployment. Jobless should work on voluntary basis and without payment. On his private website, and in his article “90+ Suggestions for a Greek New Deal II”, Doukas proposes that the state, the municipalities and even the private …

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