×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
16
Oct 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> Economy

Govt eyes other measures to squeeze equivalent funds to avoid pension cuts

The government is even looking to the roads in the hope of finding extra funds needed to appease creditors at the start of 2016

Newsroom December 29 10:07

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

The Greek Radical Left Coalition (SYRIZA) is seeking to line its coffers with revenue from additional sources so as to appease creditors (EC, ECB, ESM, IMF) in the first decameron of 2016, possibly January 8. The goal is to cover a 700-mln-euro fiscal gap without having to reduce main pension rates.

Ministries are eyeing Greece’s roads where they may be able to yield additional fines, however another option would be to add a special duty for bank transactions, according to an exclusive reportage in Proto Thema. A tax on lucky games is also being considered as well as money to be yielded from privatizations.

The axes of the Greek proposal are to be discussed today at the meeting of the government social policy council.

Meanwhile, cuts to dividend rates, lump sum payments and supplementary pensions over 170 euros per month have been locked. The viability of the single supplementary insurance fund (ETEA) is being considered so that the government can decide how deep the slashes will be. There are already eight cuts being considered.

>Related articles

Greece inflation Hits 5.1% in September as Eurozone Rate Rises to 3.8%

Union of Greek Shipowners donates €700,000 to new chronic care facility in Kilkis

From the Property Ownership Register to new audit centres: AADE’s seven new measures

State Minister for Coordinating Government Operations, Alekos Flambouraris, already stated that the draft bill on pensions will secure main pensions and will restrict cuts to subsidiary pensions to around 15-20%.

Apart from slashes there are other measures to be introduced such as a lifting of the retirement age and the abolition of the social solidarity pension fund (EKAS).

 

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Trump fires Katie Zachariah as White House Press Secretary just five days after she took office

October 16, 2026

US on alert over dozens of suspicious letters containing unknown white powder sent to politicians and election offices

October 16, 2026

Iran does not want nuclear weapons, Pezeshkian says, declaring readiness for talks

October 16, 2026

Albania: Anti-Rama student protests spread nationwide, with clashes, injuries and arrests

October 16, 2026

Mitsotakis in Brussels: “We won’t blow the budget for the election” – Door left open to further support measures

October 16, 2026

CBS News: US faces critical shortage of interceptor missiles, with stockpiles not expected to recover until 2030

October 16, 2026

Turkey issues second Anti-NAVTEX in hours, challenging Cyprus’s EEZ and EMC cable survey operations linking Asia and Europe

October 16, 2026

€114m VAT fraud involving smartphones; Arrests in Cyprus, Germany and Italy, searches also in Greece

October 16, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα