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it takes 10 workers in greece to pay one pension | business




the constant decline in salaries and the rise of flexible forms of employment are undermining the sustainability of the country’s social security system despite the numerous interventions in terms of pensions.according to social security experts, the slide in the average salary means that it now t...



pensioners brace for latest crisis cuts | business




one group of greeks that will look upon the return of creditors to athens for talks aimed at completing the second review with some trepidation is the country’s 2.7 million pensioners.since 2010, when greece signed its first bailout with the eurozone and the international monetary fund, the retire...



expectations low for eurogroup as talks drag on | business




greece and its lenders are to go into monday’s eurogroup meeting in brussels with few expectations of a breakthrough and the best-case scenario for athens being an agreement for the institutions and their mission chiefs to return to the greek capital.a number of unresolved issues remained after a ...



salaries have been sliding 3.1 pct a year in greece | business




wednesday march 15, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 22:43 salaries have been sliding 3.1 pct a year in greecetags:economysalaries in greece have shrunk at an annual average of 3.1 percent since 2009, according to a survey condu...



salaries have been sliding 3.1 pct a year in greece | business




wednesday march 15, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 14.03.2017 : 22:43 salaries have been sliding 3.1 pct a year in greecetags:economysalaries in greece have shrunk at an annual average of 3.1 percent since 2009, according to a...



greece needs ‘growth shock’ says deputy pm | news




“what greece needs is a shock of growth,” deputy prime minister yiannis dragasakis told the guardian on sunday, adding that government ministers on monday will be discussing a “new growth strategy.”“we will meet to discuss a new growth strategy that will focus solely on boosting investment...



merkel pushing for review conclusion, but greece must agree to measures | news




kathimerini understands that german chancellor angela merkel is prepared to do whatever it takes to conclude the second review of greece’s third bailout so that it can join the european central bank’s quantitative easing program (qe), on the condition that the government agrees to a package of p...



pay gap between private, state sectors | business




tuesday march 14, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 21:43 pay gap between private, state sectorsroula salouroutags:economymore than half of private sector employees in greece are paid less than 800 euros per month, compared with ...



pay gap between private, state sectors | business




monday march 13, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 21:43 pay gap between private, state sectorsroula salouroutags:economymore than half of private sector employees in greece are paid less than 800 euros per month, compared with j...



pay gap between private, state sectors | business




tuesday march 14, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 13.03.2017 : 21:43 pay gap between private, state sectorsroula salouroutags:economymore than half of private sector employees in greece are paid less than 800 euros per month, c...



pay gap between private, state sectors | business




tuesday march 14, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 13.03.2017 : 21:43 pay gap between private, state sectorsroula salouroutags:economymore than half of private sector employees in greece are paid less than 800 euros per month, c...



fraport greece raises 620 mln euros in share offering | business




fraport greece, majority owned by germany’s fraport, said on monday it has raised 620 million euros in a share offering bringing it closer to a deal to manage 14 regional greek airports.fraport signed a 1.2-billion-euro ($1.3 billion) deal in 2015 to operate the provincial airports on tourist isla...



disability benefits being confiscated from 'protected acounts' | business




the ostensible shield of so-called protected bank accounts, which is supposed to prevent the confiscation of certain deposits for debt purposes, is full of holes and does not protect families in need, as it should. kathimerini has learned that complaints have been made to the ombudsman regarding a s...



presstv-greece resumes stalled talks with eu, imf




negotiations between greece and international lenders have resumed amid athens' struggle to secure a badly-needed fund from the european union and the international monetary fund.the greek finance ministry said on tuesday that the talks resumed earlier in the day between greek officials and represen...



salaries have been sliding 3.1 pct a year in greece | business




salaries in greece have shrunk at an annual average of 3.1 percent since 2009, according to a survey conducted by the european trade union institute (etui) for the european trade union confederation (etuc).following 10 years in which european growth indices remained flat or fell, the picture appears...



officials plan tax breaks to get russians saving for retirement




russian officials could soon raise income taxes for workers who don't make payments to a private pension fund in a bid to encourage russians to save for retirement.the new plans put forward by russia's economic development and trade ministries would see taxes rise from 13 to 15 percent for workers ...



train the trainer seminar to take place in athens | business




thursday march 2, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 19:12 train the trainer seminar to take place in athenstags:education, businessthe german-greek chamber of commerce and industry will hold its first train the trainer seminar th...



deputy pm sees greece back in markets in 2017 | business




greece’s deputy prime minister said on friday the country could return to international bond markets this year if the current impasse with the bailout creditors is resolved quickly.yiannis dragasakis told a financial conference at delphi that greece could hold a 2017 “test auction” if negotiat...



chinese bank to expand into greek projects | business




following a meeting on tuesday in athens with china development bank chairman hu huaibang, bank of greece governor yannis stournaras expressed satisfaction with cdb’s intention to expand its presence in greece, mainly via the financing of infrastructure projects.the meeting followed the signing of...



german travelers continue to shun turkey this summer, greece benefits | business




thursday march 2, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 15:20 german travelers continue to shun turkey this summer, greece benefitstags:tourism, economysummer bookings to turkey by german holidaymakers are down by more than half afte...



presstv-greek farmers clash with police in athens




violent clashes have erupted between greek farmers and riot police during a massive protest rally in the greek capital, athens, over government austerity measures.more than 1,000 angry farmers clashed with greek police in a protest gathering outside the ministry of agriculture in central athens on w...



greek economy shrinks 1.2 percent q/q in fourth quarter, more than estimated | b




greece’s economy contracted from october to december after two straight quarters of growth, statistics service (elstat) said on monday, with its performance in the last quarter of 2016 turning out worse than projected in february.the seasonally adjusted, revised data showed a 1.2 percent decline i...



greece’s ‘desperate households’ | business




thursday march 2, 2017 business | greek editionclassifiedssubscriptionsfavoritesno favoritestwitterfacebookterm  business 21:54 greece’s ‘desperate households’tags:economy, societygreek households generally own their home and have a car; they often have a house in the village their family hai...



lagarde insists on debt restructuring | news




international monetary fund (imf) chief christine lagarde has reiterated that greece’s mountainous debt needs restructuring.speaking to french newspaper le parisien, lagarde insisted that the imf can only join the greek program if athens implements more reforms and the country’s debt is made man...



a black hole emerges over new social security fund’s first months | business




the revenues of the new single social security entity (efka) are showing signs of a black hole from the outset, and the labor ministry and the fund’s management are in a battle against time to collect at least 50 percent of the amount due by march 17, the new deadline granted for the payment of ja...