EKAS allowance to be cut by half
The EKAS allowance for low-pension retirees will be reduced by 50 percent, according to a decision by alternate Finance Minister Giorgos Houliarakis and deputy Minister for Social Security Tasos Petropoulos that was published Wednesday in the government gazette.
The move will reduce the cost of the EKAS in the 2017 budget by 421 million euros.
The country’s lenders want Greece to gradually phase out the top-up bonus currently given to some 250,000 pensioners.
You may be interested
The U.S Pentagon confirmed images of UFO’s over navy shipsPanos - Apr 14, 2021
The Pentagon has confirmed that images and videos showing unidentified flying objects buzzing over Navy warships off the coast of…
Tsitsipas moves into 16 at Monaco Masters after beating Karatsev in 2 setsPanos - Apr 14, 2021
Fourth-seeded Stefanos Tsitsipas advanced to the final 16 of the Monte Carlo Masters in Monaco after defeating Russia’s Aslan Karatsev…
Johnson & Johnson vaccine suspended in the US after blood clot cases reportedPanos - Apr 14, 2021
The US federal health services are expected to request an immediate suspension of the Johnson & Johnson Covid-19 vaccine after…