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Athens Macedonian News Agency: News in English, 14-04-29

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

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Admin. Reform ministry extends deadline for public-sector staff evaluations
  • [02] Bomb squad neutralises parcel bomb sent to Itea police station
  • [03] Moody's upgrades outlook for Greek banking system to stable‏

  • [01] Admin. Reform ministry extends deadline for public-sector staff evaluations

    ANA-MPA - The administrative reform ministry on Tuesday announced that it was extending the deadline for a public-sector staff evaluation process until July 18 for ministries and ministry-supervised bodies and until September 1 for local authorities, citing local government and European elections as the cause for the delay.

    According to a ministry circular, a decision on the quota of employees that can enter each score category will be issued by May 19. In that time, public-sector services must calculate the number of employees that evaluators can include in each of the three categories (25 pct can score between 9-10, 60 pct between 7-8 and 15 pct between 1-6).

    Reports evaluating civil servants must then be drawn up by July 18.

    These deadlines are later for local authorities, with the number of employees in each category to be issued by June 30 and the reports drawn up by September 1.

    The ministry said the deadline was extended due to possible interpretation problems that may arise when it is first implemented, combined with the imminent elections.

    [02] Bomb squad neutralises parcel bomb sent to Itea police station

    Bomb disposal experts on Tuesday successfully neutralised a parcel bomb that arrived by post at a police station in the town of Itea, on the coast of Greece's Fokida prefecture, earlier the same morning. According to counter-terrorism squad officers, the bomb contained 600 grammes of the explosive TNT and metallic objects, such as nails, nuts and bolts, that would have claimed lives had it detonated as planned.

    The device was concealed in a book whose pages had been removed and also included a detonator, batteries and was booby-trapped to trigger an explosion if anyone opened the book. The name of the sender on the envelope was that of an Athens Archiepiscopate NGO.

    The remains of the device are being transferred to police forensic laboratories for examination and for a comparison with earlier letter bombs, including that sent to the former civil protection minister Mihalis Chrysohoidis that caused the death of his aide, police officer Georgios Vasilakis.

    The case is being investigated by the counter-terrorism service.

    [03] Moody's upgrades outlook for Greek banking system to stable‏

    ANA-MPA - Moody's Investors Service on Tuesday upgraded the outlook for the Greek banking system to stable from negative, reflecting expectations that the Greek economy would return to growth in 2014-2015 after six years of contraction.

    The credit rating agency, in a report, said that "the gradual economic recovery, coupled with Greek banks' recapitalisations and regained access to inter-bank and international capital markets, will further ease funding pressures and lead to a gradual recovery of pre-provision profitability in 2015. In addition, the outlook also takes into account the expected deterioration in asset quality and capital metrics in 2014, although at a much reduced pace than before".

    The rating agency considers that despite continued weak domestic demand in the wake of wage cuts and a still elevated unemployment rate the operating environment for Greek banks will gradually improve, signalling the re-emergence of more normalised financial metrics over the 12-18 month outlook horizon.

    Moody's forecasts gradual economic recovery - with real GDP growth of 0.3% in 2014 and 1.2% in 2015 - led by tourism and exports, as structural reforms are progressively transforming Greece into a more competitive export-oriented economy from a consumer-led growth model.


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