Giorgos Katrougalos

Katrougalos law still a nightmare for experts

A number of clauses in the so-called Katrougalos law on social security, named after ex-labor minister Giorgos Katrougalos who introduced it, remain inert some 20 months later. Although the law is supposed to be in forced in its entirety for a year now, it continues to cause accountants and tax experts headaches and freelancers and self-employed professionals anxiety.

Pensioners may face further cuts in 2018

Auxiliary pensions appear headed for a fresh cut in 2018, as the single auxiliary social security fund (ETEAEP) will end 2017 with a deficit, against the small surplus originally forecast.

Crucially, while the ETEAEP budget for next year provides for a surplus of 176.01 million euros, expenditure on pensions will be reduced by 150 million euros.

The clause that implicitly calls for tax evasion

Freelance professionals in Greece may declare as low an income as they wish in order to avoid paying taxes, solidarity levies and social security contributions. This year's tax statements showed that 89 percent of them declared annual takings below 7,000 euros. One might assume that declaring a very low income ought to entail lower pensions, but that is not the case.

Greek-Chinese relations examined in the 12th Greece-China Joint Ministerial Committee

The Deputy Foreign Minister, Giorgos Katrougalos and head of the Greek delegation stated during the 12th Session of the Greek-China Joint Interministerial Committee that “[r]elations between Greece and China, two of the most ancient and most important civilizations of human history, are excellent both politically and economically, but there is considerable scope for further strategic cooperatio

Controversy over gov't refusal to attend conference on communist crimes continues

The controversy surrounding the government's refusal to attend a conference last week in the Baltic state of Estonia about the crimes committed by communist regimes spilled over into Parliament Thursday with acrimonious exchanges between lawmakers which, at times, got personal.

Are 4,351 civil servants anything to fret about?

The Inspectors-Controllers Body for Public Administration (SEEDD) reported this week that there are 4,351 disciplinary cases pending against public sector employees. According to a report in Kathimerini on Thursday, disciplinary councils have still not been formed in many of the state's agencies and where they do exist, they hold very few sessions.

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