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IKA

IKA Employee Jailed For 1M Euro Fraud

An employee of IKA , Greece's health care system, who worked in Makrakomi, Western Macedonia has been sentenced to 20 years in prison for defrauding the state of one million euros ($1.35 million.) The IKA employee had won one billion...

IKA Broke, Borrows To Pay Pensions

Already more than 8 billion euros ($10.63 billion) in debt, Greece's main social security fund, IKA, can't cover pensions for October and will have to borrow 150 million euros ($199.43 million) to pay benefits. Greece's crushing economic crisis has left...

Unpaid: 1.1 Million Greek Workers

Greece's crushing economic crisis, which has created a record 27.6 percent unemployment rate apparently has so many workers scared of losing their jobs that they are working without being paid for months. The shocking data came from IKA's Labor Inspectorate...

1.5 Million Uninsured Workers in Greece

According to a survey carried out by the Labor Institute of G.S.E.E, about 1,5 million workers in Greece, both Greeks and foreigners, are working under the regime of partial or entirely uninsured labor. The data show that the contribution evasion...

Greek Doctors Strike, Fear Epidemics

Although no previous strikes have done anything to deter the government from austerity measures that include deep health care cuts, doctors, employees in the public health system and freelance doctors called a 24-hour strike for June 7, outside the...

Nearly 1 in 2 Greeks Without Insurance

In a country that is supposed to have a universal health care system, nearly 50 percent of Greeks now have no insurance after having lost their jobs and eligibility, and some 500,000 have no income at all because their...

Greek Pension Funds On The Brink

Greece's crushing economic crisis has put a big dent in the pension fund system which has a reported shortfall of up to 2.5 billion euros ($3.26 billion) while the National Organization for Healthcare’s (EOPYY) deficit is expected to be...

Greek Crisis Decays Children's Teeth

Due to the austerity measures imposed on Greece by the Troika, a growing number of people apart from cutting back on basic daily needs, have been forced to make cutbacks in their children’s dental care as well. Within the past...

Golden Dawn MP's Immunity Lifted Again

The Greek Parliament, by an overwhelming vote of 205-3, voted to again lift the immunity of the neo-Nazi Golden Dawn party MP and spokesman Ilias Kasidiaris so that he can be prosecuted for assaulting two female MP's on a...

Germans and Turks Eye Top Greek Hotels

The greatest luxury Greek hotels have drawn the attention of investors both in Greece and abroad, especially from Germany and Turkey.  According to Euro2day, a strong Greek and foreign presence in on its way, aiming to purchase many hotels,...