Mitsotakis government

ERBD nod of confidence towards PPC; 75-mln€ stake in latter’s 1.35-bln€ share capital increase

The European Bank of Reconstruction and Development (ERBD) on Monday announced a 75-million-euro investment in Public Power Corp. (PPC), the ATHEX-listed utility that ranks as Greece's dominant electricity provider and producer.

The European development bank said it has joined a 1.35-billion-euro share capital increase announced by PPC.

KINAL – The government is handing the PPC over to private interests

The Movement for Change characterizes the handover of the PPC from the government to the private interests, in a comment of its Press Office, concerning the announcement of the increase of the share capital of the company. It points out that this is happening at a time when rising energy prices are threatening households and businesses.

Tsipras pledges 800 euro monthly minimum wage, overhaul of labour relations at TIF

By George Gilson

Amidst rampant talk of early elections, main opposition Syriza leader and former PM Alexis Tsipras in a major address at the Thessaloniki International Fair (TIF) this evening unveiled his party's programme and lambasted government policy in a variety of areas, from management of the COVID-19 epidemic to economic, heath, and education policies.

Greek ForMin Dendias: You can count on our full support in efforts to join Schengen, OECD

Romania can count on Greece's "full support" in its efforts to join the Schengen Area and the Organization for Economic Cooperation and Development (OECD), visiting Greek Foreign Minister Nikos Dendias said in a joint statement delivered today with his Romanian counterpart Bogdan Aurescu. Dendias also spoke about the importance of supporting the Western Balkan countries.

Mitsotakis: Only a matter of time before Delta variant prevails; again calls for people to get vaccinated

A ministerial meeting chaired by the Greek prime minister was held on Monday to focus on stepped up checks and inspections throughout the country to confirm that Covid-19 restrictions are being applied and followed, as concerns heightened in the country over a coming surge in the number of "Delta variant" cases.

Landmark labor sector draft bill tabled; opposition expected to be intense

The Mitsotakis government on Friday evening tabled a landmark draft bill envisioning reforms in much of the country's labor sector, changes that the pro-business and pro-market government underlined as long overdue, but which are expected to generate heightened criticism by the political opposition and Greece's still formidable unions.

Athens takes its case to Berlin for burden-sharing in new EU migration pact

Just weeks before the EU is scheduled to begin thrashing out a new migration and asylum pact, Migration Minister Notis Mitarakis will hold talks with German Interior Minister Horst Seehofer in Berlin on 20 February and will present Athens' proposals for a swift processing of asylum applications and an equitable EU-wide burden-sharing plan.

Minister says new bill will rectify past injustices

Labor Minister Yiannis Vroutsis said Monday that a new bill on social insurance which will soon be tabled in Parliament will rectify injustices inflicted upon the country's pensioners.
The new legislation, Vroutsis said, will ensure that retired farmers will be able to continue their professional activities without any cuts to their pensions.