PoliticsNotableCorroborating
10.0
Structural inefficiencies in Greek pension system threaten long-term fiscal sustainability
Capital.grLO·GR·3 days ago
The supplementary pension branch of Greece's EFKA (ETEAEP) is generating an annual surplus of 90 million euros from the contributions of 165,000 working pensioners. Despite this financial stability, the Ministry of Labor continues to withhold pension increases by enforcing the zero-deficit clause of the Katrougalos law, creating a policy paradox.