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Greek State Outstanding Debt to Individuals Reaches €5.05 Bln

Greek government and public sector debt to individuals rose to 5.05 billion euros in May, from 4.96 billion in April, according to figures released by the Finance Ministry. At the same time, debt to private sector suppliers and service providers...

ICAP: Private Health Services Sector Continues to Shrink in Greece

Greece's private health services market size shrank for the fourth successive year in 2016, a survey by ICAP Group SA on Private Health Services, said. In recent years, the income of private health service providers were negatively impacted by the...

Health Ministry Announces Downward Revisions for Diagnostic Tests

On Wednesday, the Greek Health Ministry announced downward revisions in the pricing of a series of diagnostic tests and other medical procedures in order to cut costs by reducing compensation paid to patients covered by state health insurance funds. In...

State Debts to Private Sector in Greece Delay up to 4 Years

While the Greek state is pressing on debtors to repay their dues, state debts to the private sector take up to four years to be repaid, thus creating a liquidity problem in the market. Businesses wait from one to four...

Greek Gov't Taps on State Organization Fund Reserves for Liquidity

The Greek government is tapping on state organization fund reserves for liquidity, asking that the organizations transfer reserves to the Bank of Greece. The unemployment office, hospitals, the national health system fund, even the Greek parliament fund have been asked...

Number of Unvaccinated Children in Greece Rises due to Economic Crisis

The Greek branch of Doctors of the World reported in a recent press conference that more than 250,000 children in Greece do not have access to public healthcare and do not receive the necessary vaccinations. Doctors of the World general...

Greek Doctors' Union Announces Work Stoppage

Greek Doctors’ Union (EOPYY) announced it will commit to a work stoppage until doctors get paid the money they are owed. The doctors will reconsider their strategy on August 7. "Under complete dissolution, EOPPY is unable to fulfill its duties toward the insured as well as toward...

Greece Owes 1.2 Bln Euros to Pharmaceutical Companies

Reuters reported that crisis-stricken Greece owes a total of 1.2 billion euros to multinational pharmaceutical companies, according to the statement of a senior executive in the global pharmaceutical industry. “The rising unpaid bill reflects the growing struggle by the nearly...

Minister Presents Electronic EOPYY Health Insurance File

Greek Health Minister Makis Voridis presented an electronic Health Insurance File for each individual patient covered by Greece 's National Organization for the Provision of Healthcare Services (EOPYY), which he said would allow careful control and cross-checking of all...

Greeks Are Turning to Private Health Insurance

A nationwide survey has revealed that a large number of Greeks are seeking some form of private health insurance due to lack of state healthcare. The survey showed that 38.7% of Greek citizens opted for private healthcare, either a full...