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Athens News Agency: News in English, 11-06-01

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] ‘hree changes to wages and labour relations
  • [02] Gov't: Strict devotion to targets
  • [03] Sea tourism promotion

  • [01] ‘hree changes to wages and labour relations

    ANA-MPA/Three changes to wages and labor relations were agreed late Tuesday during a meeting at the Greek finance ministry between an EU-IMF 'troika' team in Athens, labor and social security minister Louka Katseli and finance ministry senior officials.

    The agreement reached Monday night settled the final issues that were outstanding ahead of the finalisation of the terms of the Medium-Term Program on the economy.ana-mpa

    According to sources, the two sides agreed that the salary of young people (18-25) entering the job market for the first time may be up to 20 percent lower than the National Collective Labor Agreement.

    Second, the time period for the period of work during which a combination of increased and reduced work without payment of overtime may be applied is extended from the initial four months to six months.

    Third, the specific-time work contracts are extended, with the two-year contracts eligible for renewal of up to two times, as foreseen under Presidential Decree 180 of 2004, are converted into three-year contracts.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [02] Gov't: Strict devotion to targets

    ANA-MPA/Government spokesman George Petalotis on Tuesday spoke of a "long road of negotiations" with the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) 'troika', stressing that nothing will be 'gifted' to Greece and that "the changes needed and strict devotion to the targets for better results are our own issue".

    Replying to press questions during a regular briefing, Petalotis warned against "cultivating expectations" given that the negotiation was continuing, adding that "the fact that we are discussing the fifth tranche (of the EU-IMF bailout loan to Greece) means that, in having received the four previous tranches, we have achieved much".ana-mpa

    On opposition criticism that the Memorandum policy has failed, Petalotis countered that "not only have we not failed, but the recession is receding and positive signs are appearing", adding that outside "they are saying that we have not failed but must go faster".

    To another question, he said that the need for immediate results was the basic difference between main opposition New Democracy's (ND) proposal on taxation and the policy being followed by the government.

    "We need immediate results and if ND's proposals (for reduction of tax rates) could bring about equivalent results we would accept them. But ND's proposals will not bring immediate results, and we cannot wait 2-3 years (for the measures proposed by ND to produce results)," the spokesman added.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [03] Sea tourism promotion

    ANA-MPA/The organisers of the "Posidonia" exhibition held a press conference in light of the congress on Sea Tourism, to be held on June 21-22 at the new Letters and Arts Home of the Onassis Foundation, at which reference was made to cruises, coastal shipping and recreation boats.ana-mpa

    Maritime Affairs, Islands and Fisheries Minister Yiannis Diamantidis stressed that this conference aims at the promotion of the dynamism of sea tourism and the great importance it has for the growth of the Greek economy and of all the Mediterranean with Greece as the focus.

    Diamantidis said the cruise, yachting and passenger shipping are constantly in the priorities of the Maritime Affairs, Islands and Fisheries ministry policy, adding that Greece can become the growth catalyst for all the countries in the eastern Mediterranean.

    More details on the subscriber's page of ANA-MPA | Subscription request form

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