Business

The Greek Manpower Organization (OAED) announced on Monday the launch of a subsidized program for businesses to hire a total of 10,000 unemployed Greeks.

OAED said that companies would be able to submit their applications from March 21. The program, which runs to 54 million euros, is co-financed by the European Social Fund.

Three new water reservoirs will be built on Bulgarian territory before 2017, Finance Minister Petar Chobanov announced on Monday.

It is estimated that construction will be worth BGN 147 M, Bulgarian website Standart News has reported, citing Minister of Regional Development Desislava Terzieva.

BELGRADE - Russian Ambassador in Serbia Alexander Chepurin expressed the expectation that the Serbian government would realise what Serbia needs most, primarily in terms of economic development.

By Chryssa Liaggou

Five embassies in Athens have already asked for the translation of a draft law on the break-up of Public Power Corporation, indicating an interest on behalf of investors in the so-called “Small PPC,” which is meant to rival Greece’s electricity giant once it is split into two.

By Ilias Bellos

Trainose is set to expand its cargo services even further following the success of its Athens-Thessaloniki route by launching a second daily service on that line and planning routes to Skopje and Belgrade twice a week.

 Government must balance needs for this year’s budget targets with impact on growth and political gains

By Dimitris Kontogiannis

BELGRADE - Leader of the United Regions of Serbia (URS) Mladjan Dinkic has said that the early election on Sunday is important mostly for the country's economic future and that the new government should focus on investments and employment.

The Finance Ministry’s General Secretariat for Information Systems (GSIS) is to set up an electronic system to monitor telephone calls made from government offices and the broader public sector after recent research suggested that the state’s phone bill costs Greek taxpayers some 285 million euros a year.

Revenues from toll charges on four major highways on which construction had ceased for two years before recommencing recently, came to 1.25 billion euros in the 2008-2013 period, Transport Minister Michalis Chrysochoidis has told Parliament.

Members of Parliament who may be considering voting against the proposed bill outlining the likely deal between the coalition government and the country’s partners and creditors – the European Union, the European Central Bank and the International Monetary Fund – ought to properly consider the effects that their decision could have.