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Greece

Alt. Social Insurance Minister: Government Will Not Sign Agreement that Condemns the Country and the People

The Greek government's determination to proceed with the negotiation in order to close a deal based on the people's mandate and its decision in Sunday's referendum, underlined on Wednesday Alternate Social Insurance Minister Dimitris Stratoulis speaking to private ANT1...

Social Insurance Secretary General: 'Acute liquidity problem'

"There is an intense cash flow problem and this leads to restrictions on withdrawals and the queues outside the banks. It means that there is not enough money in the banks and for this reason we closely monitor transactions....

Greek Labor Minister: No Cutbacks in Pensions and Social Insurance

"The Government's stable efforts to defend Greece's interests and to reach a mutually acceptable deal  defines the possibilities for an agreement," Greek Labor Minister Panos Skourletis on Monday stated to VIMA FM. Skourletis said that "we have reached a...

Greek Alt. Social Insurance Min: We Cannot Agree on Measures that Kill the Economy

Greek Alternate Social Insurance Minister Dimitris Stratoulis on Wednesday in statements to MEGA TV lashed out at Greece 's creditors on their demand not to implement the 100-installment settlement. "Do we have to surrender because we have run out...

Greek Alt. Social Insurance Minister on Christmas Bonus

The government's commitment to give the Christmas bonus to 1,262,920 pensioners will be applied, said Greek Alternate Insurance Minister Dimitris Stratoulis, adding that the regulation is ready and its cost is exactly 545 million euros, speaking on Saturday to...

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,...

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...

Capital Link Forum on Investment and Social Responsibility to Be Held in Athens

The 9th Annual Capital Link CSR Forum, titled "Investments, Extroversion & Social Responsibility: Pillars for Sustainable Development" will take place in Athens, on Tuesday, June 25,2019, at the Hilton Athens Hotel. The Athens Forum focuses on the significance of Corporate Social...

Cyprus First, Greece Third in Reception of European Social Funds for 2018

The Republic of Cyprus ranked first, and Greece third, among EU member states in  cumulative payments made from the European Social Fund in 2018. This disclosure comes from a statement made by the Cypriot Labor, Welfare and Social Insurance...

One in Ten Recipients of Social Dividend in Greece are Foreigners

Data from the finance ministry show that foreign residents of dozens of different nationalities receive the social dividend in Greece, with one in ten recipients being non-Greek. Specifically, 97,000 recipients are of Albanian, Bulgarian and Romanian nationalities; 9,700 recipients are from India,...

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...

Katrougalos: We Will Not Accept IMF's Unfavorable Views in Changes to Social and Labor Systems

The IMF is asking for unfavorable changes in the social security system, but we will not accept them, Labor Minister Giorgos Katrougalos said on Monday in statements to ANT1 TV. "The IMF has extreme views, but we do not concede,"...

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...

Greek PM Introduces Seven Pillars of the Government's Social Policy

The old political establishment has left the social majority unprotected in the economic crisis, said Prime Minister Alexis Tsipras addressing the meeting of the social policy government council on Wednesday. "The first pillar of the plan we implement refers to...