Cash-strapped Greece cuts government jets
Athens: The Greek government has officially announced it was getting rid of a set of three jets as part of the debt-laden country`s cost-cutting efforts.
A government statement Monday said Prime Minister Antonis Samaras has instructed officials to transfer the biggest of the planes, a Brazilian-made Embraer, to the Air Force for use in pilot training.
A second Embraer jet will be sold, and the proceeds given to the armed forces.
The government will keep the third aircraft, a US-made Gulfstream, but make it available to the air force when it is not used for state missions.
Greece is trying to avoid default and withdrawal from the eurozone by implementing an austerity programme in exchange for multi-billion-dollar loans from the EU and the International Monetary Fund.
More from India
More from World
More from Sports
More from Entertaiment
- Essel Group Chairman Dr Subhash Chandra honoured in Haryana
- Watch: PM Modi's 23rd edition of Mann ki Baat
- Vishal Dadlani apologises after tweet on Jain monk backfires
- Panel discussion on Vishal Dadlani's controversial tweet on Jain monk
- Panel discussion on Vishal Dadlani's controversial tweet on Jain monk - Part II
- Italy mourns quake victims, death toll rises to 291
- Kriti Sanon can't wait to watch 'MS Dhoni - The Untold Story'
- Indian women's hockey stars humiliated, made to sit on floor of train on way back home from Rio
- Donald Trump vows 'tracking system' to deport everyone whose visa expires
- Rockets fired at Turkey's Diyarbakir airport