Adonis Georgiadis

An allowance of 534 euros per month for up to three months will be provided to employees of businesses that were forced to close due to the fires, Labor Minister Adonis Georgiadis said on Monday.

The government is preparing legislation that will change the amount docked from pensions for pensioners that go back to work, Labor and Social Affairs Minister Adonis Georgiadis told Skai TV on Sunday.

He said a current flat rate of 30% will be replaced by a system that is proportional and based on the number of days worked.

New Labor and Social Affairs Minister Adonis Georgiadis has been tasked with some tough battles in the labor and social security fields which are quite different from those in which he was active in the past, from the very first day at the ministry.

Unemployment in Greece will drop below 10% in the coming months, Minister of Labor & Social Welfare Adonis Georgiadis said on Friday. 

The minister was welcoming the Hellenic Statistical Authority's (ELSTAT) latest amended report on unemployment figures. 

With the new cabinet of Kyriakos Mitsotakis expected to be announced on Monday afternoon, sources have said that the frontrunners for the post of Foreign and Finance Ministries are Giorgos Gerapetritis and Kostis Hatzidakis, respectively. 

"We lack a culture of collaboration." Unfortunately, this phrase is repeated in Greece as an unquestionable truth. And since we ostensibly lack this culture, we find ourselves resorting to holding elections repeatedly until we can establish a majority government.

The US International Development Finance Corporation's (DFC) participation in Elefsis Shipyards is currently at $125 million, Development and Investment Minister Adonis Georgiadis said this week.

Development and Investments Minister Adonis Georgiadis on Wednesday received a "Comfort Letter" from the European Commission's Directorate-General Competition that gives the Municipality of Athens permission to sign a contract to begin the construction of a new Panathinaikos Stadium in the area of Votanikos in Athens.

The Ministerial Committee for Strategic Investments on Tuesday approved the investment plan for the "Hull Logistics Park" by Streem Development that concerns the creation of an ultramodern supply chain and transit complex at Aspropyrgos.

The total budget of the project comes to 244,164,841 euros, creating 3,900 jobs during construction and 1,238 jobs in full operation.

More than 60,000 enterprises currently excluded from banking loans will acquire access to banks through the new tool "Know Your Customer" created by Hellenic Development Bank, which was presented on Friday during an event attended by Prime Minister Kyriakos Mitsotakis and the leadership of the Development and Investment Ministry.