security funds

Prime Minister of Greece Alexis Tsipras asked his cabinet to accelerate government work and underlined 11 necessary actions that should be legislated immediately. Tsipras talked to his cabinet on Wednesday in the last meeting for 2015 stressing that "delay's can't...

Greece needs to build a long-term, sustainable, less fragmented and more just pension system, European Commission Vice-President Valdis Dombrovskis told reporters on Monday. Dombrovskis spoke to the press on the sidelines of Monday's meeting of Eurozone finance ministers where Greece's...

After the failure to secure the support of opposition parties on passing the security fund reforms, Greek Prime Minister Alexis Tsipras is preparing his strategy for the tough battle ahead. The meeting of political leaders proved fruitless with opposition representatives...

European Commissioner of Economic Affairs Pierre Moscovici is arriving in Athens today (Tuesday) to ensure that the Greek government is on track regarding the progress of reforms required by the bailout program. The second omnibus bill that includes prior actions...

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 pending. Furthermore, the deficit may throw off the 2016 state budget, as the total expenditure for...

Families in Greece pay more taxes and social security contributions than any of the 34 OECD member-countries. According to a study conducted by the Organization for Economic Co-operation and Development (OECD), single people in Greece pay less taxes than families. The study...

The Greek government is trying to find ways to secure liquidity until June without pension and salary cuts or extra contributions to security funds. With Monday's Eurogroup approaching, Greece's partners increase pressure through the European Central Bank. The Greek government...