Greek Electric Utility Hands Out Big Severance Bonuses

ATHENS – Workers being let go by Greece's cash-bleeding state-run electric company that's being privatized will get a 20,000-euro ($21,638) bonus on top of a big 15,000-euro ($16,228) severance payout.

The union of the Public Power Corporation workers (GENOP/DEH) that has been losing money for years quickly accepted the offer from the management for workers with full pension rights  at the West Macedonia Lignite Center and the subsidiaries Meliti Lignite and Megalopoli Lignite, said Kathimerini.

The previous Public Power Corporation management had offered a bonus of 10,000 euros ($10,819) per person and there was no explanation from where the money would come or how the payout would be viewed by whomever acquires the money-losing utility.


ATHENS — Greece has promised to return to a budget surplus in 2023, submitting its first spending blueprint in 12 years that is not under the direct scrutiny of European bailout lenders.

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A pregnant woman was driving in the HOV lane near Dallas.

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FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Sounds of Cyprus Performed Live in Times Square (Video)

NEW YORK – Talented artists Elena Chris, Peter Douskalis, and Alex Tasopoulos performed a concert of Cypriot music for New Yorkers and tourists in the center of the Big Apple, Times Square.

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