General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
ATHENS – Crushed by debt during the age of social media and email, Greece’s postal system ELTA will close 200 offices and not replace more than 1,800 workers set to retire this year as a way to cut costs.
Under the plan, which must be approved by the state-run postal service’s directors, another 994 employees are scheduled to be removed from the payroll through voluntary retirements over the next five years, through 2024, said the business newspaper
ELTA is seeing falling revenues and higher operating costs along with formidable competition, adding to its growing debt in recent years.
The union representing postal workers is opposed to further staff reductions and indicated it would strike on Jan. 22.
The postal service reportedly incurred debts of more than 557 million euros ($632.86 million) in 2017, said Kathimerini earlier.
Unidentified sources from the company said that the company has consistently posted negative cash flows and is at risk of not being able to service current expenses.
The problem, the same sources said, is 208 million euros ($236.33 million) in revenues owed by the state for postal services provided to remote parts of the country for the 2013-15 period.
The real problem at ELTA is not just unpaid postal services by the state, but the company’s failure to adapt to the digital age and huge payroll costs, the paper said.
At the end of 2016 the number of ELTA staff was 7,186, a jump of 159 in 2015 and the total wage cost (salaries, contributions and benefits) had reached 223.72 million euros ($254.92 million,) an average monthly cost per employee of 2,594 euros ($2947.29).
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
DEIR AL-BALAH, Gaza (AP) — An international team of doctors visiting a hospital in central Gaza was prepared for the worst.
ATHENS — Greece’s center-right government survived a motion of no-confidence late Thursday that was brought by opposition parties over its handling of the country’s deadliest rail disaster a year ago.
NASHVILLE, ΤΝ – With a special event organized by the Hellenic Institute of Cultural Diplomacy - U.
ASTORIA – Greek Minister of the Interior Niki Kerameus offered an informative presentation on postal voting in the upcoming European Union elections for Greek citizens in a well-attended event held at the St.
NICOSIA - A meeting between the ministers of energy for Cyprus and Israel - George Papanastasiou and Eli Cohen - led to an agreement that the countries would make an underwater electric cable link a top priority, linking them to Europe.