Greece
Business
Greece to Lower Taxes and Social Security Contributions for Some
Greek Prime Minister Kyriakos Mitsotakis announced on April 22 five measures to lower taxes and social security contributions for the country, effectively a reversal of tax hikes imposed by the previous government.
They are aimed at individual entrepreneurs, legal entities, businesses,...
Economy
Athens Braces for Transport Strike as Unions Protest Social Security Reforms
Buses, trolleys, trams and metro transportation will be out of operation in Athens on February 18, as employees will be taking part in the 24-hour strike against the new social security bill expected to be brought before Parliament on...
Greece
Asylum Seekers to Get Social Security Number in Greece in Apparent Policy U-Turn
Five key Greek ministries on Monday decided that the country will re-introduce the practice of granting a social security number to all migrants who have applied for asylum in Greece, something that the current conservative government had stopped doing...
Economy
Social Security Debt Grows by 827 Million in Second Quarter
Arrears to social security funds increased by 827,180,068 euros in the second quarter of the year according to a report Friday by the Center for the Collection of Social Security Arrears (KEAO).
More specifically, 533.7 million euros of this spike...
Greece
The Establishment of the Social Security Institution in Greece
The Social Security Institution (IKA) was established by law in June 8, 1932 as a socio-economic necessity at a time when Greek society was oscillating by an unstable political situation and the aftermath of hundreds of thousands of refugees...
Greece
Labor and Social Security Ministry Announces Cuts to New Retirees' Pensions
Greeks who have retired after May 13, 2016 are facing cuts to their pensions, a new circular issued by the Labor and Social Security Ministry on Thursday.
There are some 55,000-60,000 newly retired Greeks that will see cuts averaging 15-20...
Economy
Greek Social Security System on the Decline
The drop in the average Greek salary has resulted in the rise of flexible forms of employment, both factors that have crippled the sustainability of the country's security system.
Despite the numerous interventions in terms of pensions, social security experts...
Greece
Unionists Protest Social Security Fund Changes by Blocking EFKA Entrance
On Tuesday morning unionist gathered at the new EFKA social security fund in downtown Athens and blocked the entrance in protest to the new reforms which have merged the majority of Greece's social security funds under one umbrella.
"We want to...
Greece
Self-Employed Greeks Closing Their Books Due to Social Security Tax Reforms
Tax offices have reported that the self-employed of Greece have opted to close their books or transform their companies in order to avoid the new taxes that they will have to endure under the new social security system.
Previously, these...
Greece
Farmers Meet With Minister to Challenge Changes in their Social Security, Taxation
Representatives of farmers from around Greece asked the Minister of Agriculture Development Vangelis Apostolou on Wednesday to take responsibility for the changes in their social security and taxation, during a meeting which they described as “crucial” for determining their...
Greece
Farmers Protesting Tax Increase and Cuts to Social Security Close Greek-FYROM Border
The customs office at Evzones, near Greece’s border with FYROM, was blocked by farmers and from the municipality of Peonia on Saturday, who are protesting about the increase in taxation and changes in their social security fees.
Speaking to Athens-Macedonian...
Economy
Dijsselbloem's Spokesman Clarifies That 'Social Security Measures' Concern Minimum Guaranteed Income
Michel Reijns, spokesman of Eurogroup's chief Jeroen Dijsselbloem, made clear on Wednesday that the statement regarding "social security measures" does not concern pension reforms, but the minimum guaranteed income.
Dijsselbloem had informed the Dutch lawmakers on Tuesday that measures concerning...
Economy
Social Security Fund for Self-Employed (OAEE) Requests Help to Pay Pensioners
OAEE, the social security fund for self-employed workers is asking for financial assistant from the Social Security Capital for the Solidarity of Generations (AKAGE) in paying its pensions.
Reportedly, this week the OAEE board submitted a request to AKAGE in...
Economy
Greece's Social Security Foundation (IKA) Seeks Help to Pay Pensions
Greece's Social Security Foundation (IKA) on Thursday is expected to seek approval for additional funding in order to pay pensions.
The fund's reserves show a growing deficit, despite the fact that its revenues show an upward turn in the summer...
Greece
Man Attempts Suicide at Social Security Office in Lamia
According to local media, on Tuesday, a 65-year-old man reportedly tried committing suicide by slashing his wrists with a pocket knife at a local branch of the OAEE social security fund for self-employed professionals.
The event took place in Lamia,...