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social security

Greek Deputy Health Minister: Government Guarantees Pensions

"If there are any difficulties, we have a plan to deal with them and have sufficient financing," Greek Deputy Health Minister Dimitris Stratoulis said on Monday during an interview with Athens-Macedonian News Agency. Stratoulis confirmed that the restitution of previous losses on...

Law on Overdue Tax and Social Security Debts Postponed

Legislative measures that will allow for a new restructuring of overdue tax and social security debts has been postponed until next week as Greek and Troika officials are still hammering out the details. However, this delay seems devastating in terms...

Greek PM and Vice President Agree on Social Security Issues In Troika Negotiations

Greek Prime Minister Antonis Samaras and Government Vice-President Evangelos Venizelos came to an agreement on social security during a meeting yesterday evening which lasted two hours. The two political leaders also agreed on improvements necessary for the restructuring of non-performing business loans. The...

Uninsured Labor on the Rise in Greek Islands

Social security fund IKA and Labor Ministry inspectors have recorded many “exceptional” incidents in checks they conducted in 25 tourist areas during the past few weeks. During checks, inspectors noted incidents where uninsured employees and workers tried to escape by jumping...

Under 1000 Euros The Majority of Pensions in Greece

Pensions in Greece have been reduced more than 30% during the last few years due to the measures implemented by the Memorandum. According to data from the Union of Social Security, 76.5% of main pensions are under 1,000 euros, while...