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Tag Archives: relief measures

Greece gov’t dismiss reports deal with creditors to scrap pension cuts measure

To cut or not to cut? The  upcoming austerity measure of pension cuts as of 1.1. 2019 became top on the agenda of political debate between the government, the opposition parties and the media on Friday. An exclusive report by Athens News Agency said that Greece’s creditors considered the “social …

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ESM approves debt relief measures to bring Greece out of the woods in 2060

The Board of Directors of European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) approved short-term debt relief measures for Greece, Monday afternoon. “The measures approved by the governing bodies of the ESM and EFSF are an important step towards improving Greek debt sustainability,” Managing director Klaus Regling said and …

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Greek gov’t relief measures: €600 for homes damaged by Kefalonia earthquake

Greek government announced a series of emergency measures to meet basic needs of residents of Kefalonia, hit by a powerful earthquake on Sunday. To start with, the government will disburse directly 100,000 euro to the municipality of Kefalonia and another 100,000 euro to municipality of Ithaki in order to cover …

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