EFKA

The cabinet on Monday approved 19,181 new hirings for different state services, of which 4,016 will bolster the beleaguered National Health Service, more than 1,000 will go to education, 1,050 will benefit the Citizen Protection Ministry, and more than 800 will be appointed to firefighting and other related tasks.

The Single Social Security Entity (EFKA) has entered a trajectory of fiscal balance and actuarial sustainability.

That is the view of both the European Commission in its recent report on the third evaluation after enhanced supervision, and the Organization for Economic Cooperation and Development (OECD) in its report on pensions.

Social security agency EFKA is allowing non-salaried professionals and businesses affected by wildfires not to pay their social security contributions for six months and no compound interest will be charged once they resume payments. 

The government is ready to post the draft bill on "transparency in employment terms" and open it for public consultation, but will strip it of provisions touching upon the digital employment card, the employment of retirees and the retirement of those who owe money to the social security agency EFKA.

The Athens Court of First Instance on Thursday heard a request by troubled jewelry firm Folli Follie for protection from its creditors under Article 106a of Greece's Bankruptcy Code.

Greece's creditors have found that the country's social security system has reached sustainable levels and planned pension cuts from next year will therefore not be necessary, reports have suggested.