Tag Archives: salaries

The news coming from Northern Greece in fact reflects the situation in the labor market all across the country: severe delays in payments to employees, work without insurance. Six out of ten companies delay to pay their employees from three up to sixteen months. This gloomy reality was described by …

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Samaras’ decision to shut down Greece public broadcast ERT created a lot of enemies. That was expected. And this not only because 2,656 people lost their jobs overnight or because the action has authoritarian features. Moreover it was the attack prime minister Antonis Samaras and government spokesman & minister in …

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Despite the economic crisis, the revenues missing the targets and the millions of citizens hardly making ends meet, there is always money for party officials and Greece’s “friends”. A copy from the Government Newspaper, the official press organ where government decisions are published, appeared on Tuesday afternoon on Greek internet. …

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Thirty to forty high-ranking officials at the Bank of Greece have reportedly resigned in order to escape upcoming wages cuts. According to Capital.gr and Proto Thema, the majority of the resigned bank officials have founded ‘right to pension’ and chose to resign in order to avoid the upcoming wages and …

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Working without getting paid on time? Yes, that’s very possible, if you are in debt-ridden Greece. Thousands of businesses do not pay their employees on time, hundreds of thousands of households have to seek ways to come along without income. During last year,  120,000 business places did not pay their 400,000 employees …

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A total of 20,203 euro is spent per month by the Greek parliament for each of its elected members: MP compensation,  several open and hidden benefits,  additional income through participation in committees as well as operational costs for their offices make it an expensive hobby for thousands of Greeks suffering …

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 Greek Finance Ministry extended the procedure to ‘regulate’ overdue taxpayers’ debts until 29. June 2012. The extension refers to debts to the state after they became overdue until 29. February 2012. Private persons with debts up to 10,000 euro and companies with debts up to 75,000 euro are eligible to …

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We have often said in this blog, that the economic crisis and the austerity measures are only for some Greeks. There is an elite of employees, close to political parties that do not seem to be affected by the crisis and the income decreases. In an exclusive story, Proto Thema, based …

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The boldness of the Greek state seems to know no limits. Finance Minister Evangelos Venizelos announced that the solidarity tax, i.e. the additional tax to already taxed incomes, will be collected via the monthly salaries and pensions before the taxpayer gets even 1 euro in his pockets! According to FinMin, …

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The rumors and the scenarios about a 50% ” Haircut” of the Greek debt and an “orderly default” , call it also “controlled bankruptcy”, keep whirling around the heads of ten million Greeks causing increased uncertainty and depression. With the tax hikes and the income decreases, the Greek household have already …

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The latest from austerity is Greece: “A youngster  was arrested today in possession of small amount of salary! He claimed it was intended for personal use… ”  This genious news was found in FB, posted by user Di.Di.

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