Greece
News –
Hedge funds, local banks eager to see who blinks first
Finance Ministry seeks to secure big buyback participation
News –
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
News –
Municipal protests to continue
Union decides to extend action against labor mobility scheme until Monday
News –
Greek salaries far below EU average
Just over 44 percent of unemployed Greeks live in poverty
News –
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.
News –
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
News –
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
News –
Coalition seeks to heal splits over new tax bill
Income tax proposal splits coalition, likely forcing Stournaras to find alternative
News –
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
News –
Merkel does not rule out Greek ‘haircut’ in coming years
German Chancellor Angela Merkel said she has not ruled out a so-called “haircut”, or write-down, on Greek debt in the next few years.