Archbishop of Athens and all Greece Ieronimos decided to give a thorough answer to all these reports and publications appearing in international press about the “Taxation of the Greek Orthodox Church”. The letter addressed to Greek PM and the EU leaders aims to “restore the truth”, as it is said: Letter about …
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10+1 Golden Benefits & Privileges for 300 Members of Greek Parliament
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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IMF Lagarde: Greek Euro Exit Hard, Not Only For Greece
Greece’s political leaders need to stick to the commitments and abide the austerity programme, IMF head Christine Lagarde said and she warned that a Greek euro exit would be expensive and hard not only for Greece. She also stressed that the IMF would talk to any democratic-elected Greek government, implying the IMF …
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BoG: Greek Bank Employees to Work More for Less Salary
The first employees’ fortress fell on the altar of Memorandum of Understanding II. Once powerful banking sector union had to bow to the dictates of the times. Employees at the Bank of Greece ‘broke’ the collective bargain and agreed to 17% wages and allowances cuts and increase of the working hours. Bank employees …
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Greek Salaries to Reach Levels of 2001 in …2013!
While the whole world is going forwards, Greece is going backwards. In the year 2013, Greek workers will experience a miracle. Their salaries, sharply cut in the era of loan agreements, will reach – or better say: return – to the levels of 2001! This has been predicted in the …
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Greece’s Two Class Society: Austerity for All, While Some Get Wages Increases
The Memorandum of Understanding, the cuts in wages and pensions concern all Greeks. All nearly all. 500 people working in the public sector, next to deputy ministers and secretary generals of certain ministries will be excluded by the new payroll and receive wages increases instead. Daily “Athesmeftos Typos” revealed that in the ministries of …
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Greece’s President Papoulias Has Waived His Salary
The President of the Greek Republic Karolos Papoulias will stop receiving compensation for the performance of his duties. Finance Minister Evangelos Venizelos announced this important decision after a meeting with Papoulias on Wednesday morning. “The President asked me to initiate procedures to make this happen” Venizelos told reporters. Newspaper Ethnos had …
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One Million Greeks Without Job – Unemployment at 20.9% in Nov ’11
It is official: 1.029.587 Greeks were without job in November 2011 and unemployment hit a new record reaching 20.9 percent. In comparison, unemployment was 13.5% in November 2010 and 18.2% in October 2011, according to Greek Statistics Authority (ELSTAT). That is, unemployment figures doubled within one year and 405.785 Greeks lost …
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Greek Austerity Shock: Mimimum Wage -25%, For the Youth -32%
The Mini Memorandum of Understanding that keeps busy Papademos and the leaders of the three parties forming his coalition government since five hours, contains some shocking austerity measures that will impoverish masses of the population form one month to the next. Troika proposed that the minimum wage will go down …
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IMF: “Greece Needs to Cut Wages to Compete” – How Will People Live is a Question Nobody Cares to Answer…
Drawing plans on sheet papers seem the easy way. IMF’s chief economist Oliver Blanchard said that Greece needs to cut wages in private sector to boost competitiveness. However neither Blanchard nor the other wise-guys, economists or not, seem to be able to answer a simple but practical question: With all …
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Greek Austerity: €9.2B Evaporated from Households Due To Wages Cuts of 25%
While the Troika pressures for further wages cuts in the private sector and lay offs in the public sector, here comes the Greek Labour Minister giving evidence of the dramatic decline in the incomes of the Greek households. A tremendous amount of €9.2 billion evaporated from the pockets of the Greeks through …
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Greece’s Ruling Party PASOK Postpones Employees’ Payments
Employees at the headquarters of ruling party PASOK are kindly requested to be patient and show understanding over the delay of their monthly salaries. According to Proto Thema newspaper, PASOK’s general secretary sent an sms to PASOK employees explaining the payroll delay of about 15 days with the delay of the …
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Wanna Know Why Greece Went Bankrupt?
OK, Greece went bankrupt partly because of the tax evasion. Partly because of 1,000 reasons. But most of all because of the scandalous wages in the public sector and state-run enterprises. There is this delicious report of Greek newspaper Proto Thema on its online edition. The report focuses on the transfer …
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Modern Slaves under the sign of Troika – Young Greeks to work for peanuts
I have written many times about the labor relations and the wages in private sector under the sign of the Troika. And every time I put a tittle like Dark middle Ages, Winter or things like that. Today as details from the new austerity package are leaked to the press, …
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Youngster arrested in …
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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