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Pensions
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EconomyMacroeconomy
Pension policy U-turn highlights government’s election concerns There are increasing signs that the upcoming elections are playing a dominant role in the Greek government’s decision‑making process, and last week’s decision to scrap an intervention on bereavement support (known in Greece as “widows’ pensions”) sends a strong signal that the prospect of calling snap polls after the summer is not a remote possibility.
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PoliticsGreek Politics
PM announces more voter-friendly measures ahead of polls The date of the general election has not yet been confirmed but there is no doubt that Prime Minister Kyriakos Mitsotakis and his New Democracy party have already begun preparing for the contest by going through the well-worn playbook for pre-election policies.
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PoliticsGreek Politics
Mitsotakis sets out to shore up support ahead of elections As the elections approach, Prime Minister Kyriakos Mitsotakis is seeking to ensure that his ruling New Democracy party is not at odds with any significant section of the electorate.
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PoliticsGreek Politics
Pension rises approved as public opinion teeters ahead of election year Yet another poll published this week has shown some erosion in the support for New Democracy and points to some potentially worrying underlying trends for the government, which passed on Thursday the latest pension-related legislation that will lead to many retirees seeing a nominal increase in their retirement package next year, ahead of the general elections.
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PoliticsGreek Politics
Relief measures being lined up, but PM's eye also on reforms rollout Although most of the focus will fall on what measures the government plans to unveil in the autumn to combat the cost-of-living crisis, reports suggest that Prime Minister Kyriakos Mitsotakis is also keen to promote his administration’s reformist credentials between now and the end of the year.
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PoliticsGreek Politics
Government attempts to offer reassurance against winter energy shortages Greece is well placed to manage interruptions to natural gas supplies in the coming months, according to Energy Minister Kostas Skrekas, who chaired a crisis meeting with senior figures in the energy sector on Monday.
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PoliticsGreek Politics
Imminent end for enhanced surveillance offers boost to beleaguered govt Amid the incessant pressure it is facing on many fronts, led by the cost-of-living, budgetary constraints and the pandemic, there is a potential bright spot for the government in terms of a timely exit from the enhanced surveillance setup this summer.
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PoliticsGreek Politics
Tsipras berates govt over treatment of pensioners Alexis Tsipras attempted to connect with pensioners on Friday – an electoral group with which his SYRIZA party has limited appeal, but which the opposition leader seems to believe he can entice given the current concerns about the cost of living.
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PoliticsGreek Politics
Govt moving ahead with social security fund overhaul despite opposition The government passed on Thursday legislation that it argues will lead to a substantial overhaul of Greece’s much-troubled main social security fund, EFKA. There were, however, strong objections from the opposition parties.
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PoliticsGreek Politics
New pension legislation aims to speed up operations at overwhelmed EFKA fund Problems continue to bedevil the operation of the unified pensions fund EFKA as new legislation seeks to bring in greater private sector involvement.