Contract law

Six companies have made bids to Greece Public Properties Company (ETAD) to lease Vouliagmeni beach in southern Athens for at least the next 15 years.

ETAD opened the sealed bids on Tuesday. The firm that wins the tender will have to pay a lump sum of 1 million euros and then 15 percent of its annual turnover to the state.

A court in Istanbul has ruled that a Turkish company that employed an unregistered worker from Türkmenistan, but disowned him after he died in a work-related incident, must pay a record amount of compensation to his family.

Bulgaria's Consumer Protection Commission (KZP) warned a telecom against inducing the elderly to sign unfavourable for them subscription plans, reports Dnes.bg.

According to the results of a KZP inspection, the telecom employees were taking an advantage of the vulnerability of the elderly and made them sign long term contracts they do not understand and accept. 

Charges raised against former minister Davinic over satellite

Former minister of defense might spend from six months to five years behind bars because of renting of a spying satellite from Israel

A draft law that foresees fundamental changes to the much-criticized subcontractor labor system in Turkey has sparked debate, amid outcry over the issue prompted by the May 13 Soma mine disaster.

While defenders of the draft say it will curtail the subcontractor system, critics suggest that it will actually encourage the system to spread.

By Vangelis Mandravelis

The medium-term fiscal plan submitted by the government to Parliament this week provides for revenues from privatizations to reach 1.5 billion euros within 2014.