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  1. Newsletter 205 -10/05/2019

    Newsletters

    to pay their dues in up to 120 instalments after being granted a reduction of the original amount... of their monthly retirement pay. For those earning 501 to 600 euros, the amount paid out will be 70 percent.... Of this available funds, 3.6 billion euros will be used in the coming weeks to pay off part of Greece’s loan from

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  2. Government braces for reaction to pension bill
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to the pension system since the crisis began more than a decade ago that would lead to retirement pay rising... & Merchants (GSEVEE) complained recently that 55 percent of the self-employed would have to pay more under the new scheme, while 45 percent would pay less. The group added that the self-employed on low income

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  3. Newsletter 389 - 14/07/2023

    Newsletters

    an omnibus bill that ranges from the new pay scale in the public sector to the extension of some... the end of its new term, but it was quick to shut these claims down with a new pay scale that has a fiscal cost of some 500 million euros annually and intends to reward low pay civil servants and those

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  4. Are hirings in the public sector out of control?
    Photo by MacroPolis

    EconomyFeatures

    permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations... contractors. Their numbers have swelled from 3,413 in 2012 to 15,601 at the end of 2017. By far the largest

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  5. Public sector staff trends survive MoU exit, change of government
    Photo by MacroPolis

    Society

    in early summer. In June 2019 the number of public sector contractors was 103,213 and in June 2020 it had... in the latter part of 2019, however there was no corresponding fall in the number of contractors. New record

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  6. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    they all had a legal entitlement to their monthly retirement pay. As a result, Greece’s main social... themselves either at an IKA office or at the place they receive their retirement pay from, such as post... pay after the claimant had died. Vroutsis said that the annual value of the unjustified claims

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  7. A third of Greek homeowners fear losing their properties in 2014

    Society

    expressed fear about losing their home. Only 61.2 percent of those questioned said they were able to pay their mortgage instalments on time, whereas 22 percent said they often pay late and 16.8 percent said... 1 million Greek households are paying mortgages, meaning that 168,000 owners are failing to pay

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  8. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    retroactively from August 2012. This would force the coalition to pay back the money those affected... on Wednesday but will not be able to use any of this money to pay back military personnel and policemen... to their salaries. A lower court that deals with wage issues ruled in December that judges’ pay should

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  9. The wrong prescription
    Photo by MacroPolis

    Agora

    . They also have to wait up to six months for social security funds and healthcare provider EOPYY to pay their share of medicine costs. The OECD also makes no mention of the fact pharmacies have to pay a rebate and suffered losses in the 2012 PSI on the Greek bonds the government used to pay them

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  10. Tax chief's departure brings coalition revenue plans under scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    , increased tax collection has also been coupled with an incessant pressure on Greek households to pay mounting debts to the state. A growing inability to pay taxes and social security contributions due... 2.5 million Greeks are failing to pay their taxes, with 4.3 billion euros of new debts being created

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