Social Security debate in the United States

Cost of labor

The measures introduced by the government to support incomes were significant, however, they could make up for the high cost incurred by employers due to social security contributions.

Greek compromise proposal meeting IMF resistance

A plan by the government to extend the operation of the automatic fiscal mechanism beyond 2018, with the inclusion of cuts to pensions and the tax-free ceiling, which Athens had intended as a compromise solution with the country's creditors, is coming up against resistance from the International Monetary Fund for the moment.

Labour Minister on pensions: We hope negotiations will turn up in favor of the Greek society

Labour Minister Giorgos Katrougalos discussed all main issues of social security reform with the representatives of institutions, but all of them are still open.

“We discussed in depth the issues and the negotiation was tough” M. Katorugalos stated after the meeting hoping that negotiations would turn up in favor of the Greek society.

PM Tsipras blames opposition parties for social security’s current problems

Greek Prime Minister Alexis Tsipras on Tuesday addressed Parliament on the government’s proposed social security reforms, noting that all the political parties were obliged to adopt a position on an issue of such gravity as the sustainability of Greece’s social security system.

Mitsotakis to Tsipras: The social security system was sustainable until 2060, but then you came

Addressing Greek Parliament during Tuesday’s off-the-agenda debate on reforming Greece’s social security system, main opposition New Democracy new leader Kyriakos Mitsotakis lashed out at the government accusing Prime Minister of “turning hope into despair.”

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