OAEE

The IMF is pressing Greece to form a private collection agency in order to recover millions of euros owed to social security funds. However, the Greek Ministry of Interior is refusing to give ground even though the debt to social...

Without finding additional financing to fill what could be a reported two billion euro ($2.73 billion) gap, there is a risk the government won’t be able to keep paying pensions after the end of the year, officials said. The deficit,...

Troika has given a short cooling-off period to the Greek coalition government. This leaves the Greek government with only one choice. If the new measures do not bring the results hopes for, the government will have to take action...

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...