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Tag Archives: social security funds

Pensioners march in downtown Athens protesting new cuts of 18%

Hundreds of pensioners marched in downtown Athens in one more protest against cuts in main and supplementary pensions during the austerity years. The protest was staged as the recalculation of pensions is imminent due to the so-called Katrougalos-Law of 2016. The pensioners from the private and public sector said that …

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Outstanding VAT debts: German “Hochtief” owes €600m to Greek FinMin

An Athens court confirmed Greek government’s tax claims from the giant German constructor Hochtief. According to the court, the Greek government has every right to claim approximately €600million from the company that runs Athens airport “Eleftherios Venizelos”. The company has not paid any Value Added Tax since 2001, that is …

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Greek FinMin: No horizontal cuts, but €500million in social security

What if coalition government leaders PM Antonis Samaras and deputy PM Evangelos Venizelos repeatedly assured there would not no new austerity measures. Appointed and not-elected finance minister Yiannis Stournaras gave things a sober approached and even indirectly announced where the new cuts will come from: from social security funds. “We …

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ND & PASOK owe €365K to social security fund; it’s the government, stupid!

Coalition government parties Nea Dimocratia of PM Antonis Samaras and PASOK of deputy Prime minister Evangelos Venizelos owe to Greece’s social security fund IKA 365,000 EUR in social contributions. Responding to a written question from MPs, Labor Minister Yiannis Vroutsis said checks on unpaid contributions in June revealed that New …

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