Alexis Tsipras

Lazard sees 100-billion-euro Greek debt cut as 'reasonable'

By Fabio Benedetti-Valentini

Canceling 100 billion euros ($113 billion) of Greece?s debt would enable the country to cut the load in line with targets set by the international authorities that bailed out the nation, the country?s debt adviser, Lazard Ltd?s Matthieu Pigasse, said in a radio interview Tuesday.

Athens prepares a compromise before Eurogroup

 Plan entails 'bridge program' to September, possible use of loan tranche

Government sources Monday gave a preview of the proposal planned for Wednesday?s crucial Eurogroup summit, foreseeing a bridge program linking to a ?new deal? with creditors that would come into force in September and changes to the economic policy mix pursued by previous governments.

Minimum salary for under-25s to be raised

By Roula Salourou

The increase in minimum wages will start with those aged up to 25, as the leveling up of payment to workers offering the same labor will be among the Labor Ministry?s first legislative interventions, and this will certainly take place before the restoration of the private sector?s minimum monthly salary to 751 euros.

New President of the Republic election expected to take place next weekend

Rapid developments in the field of negotiation with partners for the Greek debt, the extraordinary Eurogroup on Wednesday and the EU summit on Thursday, seems to have “push” back the presidential election process in parliament, which is expected to take place next weekend.

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