October 4, 2011
Greece’s finance minister has given assurances the government will be able to pay public sector workers and pensioners on time this month, although its next international bail-out payment has been further delayed.
Evangelos Venizelos said on Tuesday that as a result of improving trends in revenue collection “we are comfortably placed until mid-November . . . there are no immediate payment problems”.
Civil servants had started to panic at the prospect that October salaries being withheld, just as they received demands for an extra “solidarity” tax on last year’s income, to be paid later this month.
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