Management

BELGRADE - The employed in Serbia today mark the World Day for Decent Work in difficult conditions that are disastrous to the dignity of work and perhaps the worst over the past 20 years, the United Branch Unions Independence and the Association of Independent Trade Unions of Serbia said in a statement on Monday.

By George Georgiopoulos

Greece's fourth-biggest lender Alpha Bank said on Monday that about 21 percent of its 10,000 employees took up a voluntary redundancy offer the bank launched last month as part of moves to cut costs.

Alpha had aimed to cut about 15 to 20 percent of its workforce to squeeze its cost base under a restructuring plan approved by the EU Commission.

Another member of the supervisory council of NERIT tendered his resignation on Friday in protest at alleged government intervention in the operation of the state broadcaster.

The reassessment of Turkey’s credit rating would be a fair thing to do in light of the country's economic resilience against many challenging factors, the finance minister says

House sales’ stagnation in Turkey due to higher interest rates and plunging confidence are causing a bottleneck for the construction sector’s growth

BELGRADE - The average net salary in Serbia in August 2014 amounted to RSD 45.610, and compared to the average net salary paid in July 2014, it went up by 0.9 percent in nominal terms and 1.1 percent in real terms, the Statistical Office of the Republic of Serbia said in a release.

BELGRADE - The 2014 international Fire and Rescue, Occupational Safety and Health Exhibition, also known as 112 Expo, opened in Belgrade on Tuesday with the message that investment in safety is not an expenditure, but something that could save lives.

Believing that the military should only be the end user for operations like logistics, not the supplier as well, army officials are looking to outsource more systems to outside firms.

The state of emergency in Bulgaria's Hisarya municipality has been lifted, mayor Penka Ganeva told Darik radio.

"The decision was taken after all damages were reported, all the water in the houses was drained away and the situation returned to normal," Ganeva said.

Mayors and municipal employees who refuse to take part in a civil service evaluation scheme the government has undertaken as part of commitments to international creditors will face disciplinary action, Administrative Reform Minister Kyriakos Mitsotakis (photo) said on Friday.