Greece
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Athens may ask for additional buyback offers
Greece may ask additional offers from bondholders in a debt buyback plan that forms part of its international bailout.
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Hedge funds, local banks eager to see who blinks first
Finance Ministry seeks to secure big buyback participation
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Government relaxes terms for illegal buildings
Owners of illegally built homes to “put in order” the paperwork for their properties are set to be relaxed
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Municipal protests to continue
Union decides to extend action against labor mobility scheme until Monday
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Greek salaries far below EU average
Just over 44 percent of unemployed Greeks live in poverty
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Uninsured to receive healthcare under new scheme
The government will next year grant 100,000 people passes that will allow them to be treated at public hospitals without any charge.
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Minister warns IMF may opt out
Stournaras says that if the bond buyback program fails, the burden of the bailout will fall on the EU
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Minister gets tough on civil servants’ redundancy scheme
Mayors across Greece continue to resist government plans to put thousands of civil servants into a redundancy scheme demanded by the troika
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Coalition seeks to heal splits over new tax bill
Income tax proposal splits coalition, likely forcing Stournaras to find alternative
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Ex-minister’s ‘party’ rocks weak PASOK
One of PASOK’s most high-profile members, former Health and Labor Minister Andreas Loverdos, launched a new center-left political movement on Monday