Greek welfare

Greece's recession-hit welfare system needs further reforms to keep providing a lifeline to the most vulnerable members of society, Greek officials and experts said. Weakened by chronic shortcomings, the system came under enormous strain due to austerity cuts during the...

A recent Reuters article reports on how the financial crisis is affecting state pension and welfare systems in southern EU member-states. “Greece is the only country to have taken drastic action, forced to cut pensions by 30 percent between 2009 and 2013 under...

Greece's state-run labor agency OAED has released data for the period 2010-2014 showing a 45% increase in unemployment registrations but 47% fewer recipients of the relevant benefit, which means that despite the dole queue getting 328,208 people longer, somehow 138,824 fewer receive unemployment benefit. Unemployment is...