x

Economy

KINAL Spokesperson Christidis: There Will be Cuts in Salaries in the Next Months

ATHENS – Opposition Movement for Change (KINAL) party spokesperson Pavlos Christidis on Friday predicted that the next months will bring cuts in salaries, while speaking to MEGA TV.

"The programme announced by Labour Minister Yiannis Vroutsis is a programme that leads to 20 pct salary reductions at least and this is a problem, because we are talking about people whose salaries are already low and who have been hit by the crisis," he said.

Christidis said that ministers are practically begging the banks to reach settlements: "They are the goverment and should make decisions that the banks will be required to follow. On tourism, things are very clear. We can't say we have measures which essentially concern only coffees and [soft drinks]. The government must support tourism businesses and these include the restaurants. And it should be done boldly and not as in the announcements made by ministers two days ago."

He said that his party had proposed a six-month interim programme for the survival of the economy and Greek society, so that in this interim period all those stricken by the crisis can get support.

RELATED

ATHENS - Finance Minister Christos Staikouras described the first Post-Programme Surveillance Report on Greece, published on Tuesday by the European Commission, as a "milestone report" since it officially inaugurates a new chapter for the country and its return to European normality.

Top Stories

Columnists

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

General News

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.

General News

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

Video

Search Effort Intensifies after Indonesia Quake Killed 271

CIANJUR, Indonesia — More rescuers and volunteers were deployed Wednesday in devastated areas on Indonesia's main island of Java to search for the dead and missing from an earthquake that killed at least 271 people.

ATHENS - Prime Minister Kyriakos Mitsotakis paid a visit on Saturday to the Police Station of Kallithea, the southwestern suburb of Athens, which houses an Operational Office dealing with domestic violence of a network of 18 such centers incorporated in police stations.

COLORADO SPRINGS, Colo. (AP) — When officials unfurled a 25-foot rainbow flag in front of Colorado Springs City Hall this week, people gathered to mourn the victims of a mass shooting at a popular gay club couldn't help but reflect on how such a display of support would have been unthinkable just days earlier.

NANTUCKET, Mass. (AP) — The Biden family's tradition of eating lunch, shopping and watching a Christmas tree lighting in downtown Nantucket on Friday became mostly about keeping the president's 2-year-old grandson from having a meltdown.

AL KHOR, Qatar (AP) — Respect achieved.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.