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Hidden €8 Bln Deficit in Security Funds Threatens to Blow Greek State Budget
A hidden deficit of 8 billion euros is threatening to blow Greece's social security funds as more than 300,000 retirees have their pension applications...
Greek Public Debt Management Agency Asks Security Funds to Buy Repos
The Public Debt Management Agency and the Labor Ministry have asked security funds to buy government repos in order to avoid potential liquidity problems.
According...
Primary Budget Surplus High, But Security Funds Strapped for Cash
The primary budget surplus for the period January-November 2014 more than doubled from last year, however, social security funds are showing a significant deficit.
According...
Survey: High Unemployment and Rising Deficits of Social Security Funds
The General Confederation of Greek Workers (GSEE) revealed data showing a huge decline in income for most Greek wage earners during the crisis. The data...
Meeting for "New Beginning" of Social Security Funds
Over 260,000 businesses in Greece, including big companies, have outstanding debts to social security funds. Pension fund officials say that without additional measures to...
Cyprus Third for Contribution to World Science
A new survey which rates nations according to their contribution to humanity ranked Cyprus in 18th place. Ireland tops the list.
The Good Country Index which was,...
Greece in World Top 10 Social Security Contributors
Greece remains among the countries with the highest social security contribution rates, although those numbers are forecast to go south by 3.9 percent by...
Troika: Social Security Bill Won’t Cover the Fiscal Gap
According to European sources, the cut on social security expenses will not totally cover the fiscal gap of the next year. It seems that...
London Olympics Organizers ‘Sink’ Trireme Olympias For Security Reasons
Τhe organizing committee of the London 2012 Olympic Games has announced its decision to not include the trireme “Olympias” spectacle in the opening ceremony...
Greece Unveils Labor Bill with Emphasis on Working Hours Flexibility
Greece unveiled a new labor bill which the government says it aims to increase competitiveness through more flexible working hours.


