Liberalism in the United States

Government pledges 2 billion euros to help businesses, workers

The Greek government on Wednesday 2-billion-euros' worth of measures to blunt the effect of the coronavirus epidemic on the country's struggling economy, pledging 1 billion euros each for businesses and workers, as part of a total 3.8 billion-euro package that includes 1.8 billion in European Union funds.

Elizabeth Warren Drops Out of the US Presidential Race

Elizabeth Warren drops out of the US presidential race election after disappointing finishes in primary contests across the country on Super Tuesday.

Warren, a 70-year-old Massachusetts senator, will have a conversation with her campaign staff, AFP reports. She announced that she was withdrawing her candidacy for the party's presidential nomination.

Risk of distortion

Allowing self-employed professionals to choose the amount of social security contributions they want to pay does indeed satisfy the long-time request for a rationalization of the burdens imposed by the social security legislation introduced in 2016 and known as the Katrougalos law, after the labor minister at the time, Giorgos Katrougalos. 

Reduction of contributions by 2 points is set to come earlier

The government is said to be pondering a further social security contribution reduction by about 2 percentage points, against an original plan for 1.09 percentage points in 2020, along with a delay to the reduction of the corporate tax rate from 24 to 20 percent, ahead of the submission of the midterm fiscal plan for 2021-2024 in April.

NSSI: Average Insurable Earnings in Bulgaria for December 2019 was BGN 1,063.32

The National Social Security Institute (NSSI) has reported that the average insurable earnings in Bulgaria for December 2019 was BGN 1,063.32, said the NSSI press office, Focus News Agency reported.
The average monthly insurable earnings for the period from 01 January 2019 to 31 December 2019 stood at BGN 986,52.

Greek gov't planning 1.8 bln euros in relief for middle class

As part of its bid to lighten the load of the Greek middle class, in line with its pre-election pledges last year, the conservative government is expected to include a package of measures in a midterm fiscal program to be submitted in Parliament after Easter foreseeing 1.8 billion euros in relief in 2021, Kathimerini understands.

PM Orban says all benefit increases must rely on solid economic growth to keep deficit unaffected

Prime Minister Ludovic Orban said on Monday that pensions will increase because the necessary amounts are earmarked in the state budget, but that whether child allowances will rise depends on the available financial resources, because the budget deficit must not be affected. "We will increase the pensions, we'll raise child allowances.