World Bank sets out savings Greece can make from streamlining welfare benefits

EconomyProgramme Tags: Taxes, World Bank
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The funding of the guaranteed minimum income (GMI) emerged as one of the most contentious issues in the first round of discussions on the second programme review between the Greek government and the institutions’ mission chiefs.

The World Bank report on the social welfare review titled “Weathering the Crisis: Reducing the Gaps in Social Protection in Greece” details a number of recommendations on the strengthening of the social welfare system by streamlining benefits to create ...

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